China's economy is expected to grow by 7.8 percent in 2021. The Asian giant has successfully staunched the spread of COVID-19 and retreated to normality. A latest report by the Chinese Academy of Social Sciences (CASS) shows signs of optimism, citing China is the only major economy in the world to have achieved positive growth this year. However, it pointed out that the global pandemic has not eased and China needs to strengthen consumption demand to further stimulate economic growt
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