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Experts: two things vital for China to avoid “middle income trap”

Growth in the world’s second largest economy hit a quarter-century low of 6.9 percent, compared with 7.3 percent a year earlier.

Analysts believe that China is going through a cyclical adjustment and “the future of China is vibrant and young.”

They meanwhile suggest that China need to deepen reforms to avoid falling into the middle-income trap.

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