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China’s economy to maintain medium to high rate of growth

SHANGHAI: China’s economy will maintain a medium to high rate of growth for a relatively long period of time, the deputy governor of China’s central bank said on Thursday.

But with significant room for growth in per-capita energy demand, the pressure to reduce carbon emissions will grow in the future, Liu Guiping said in a speech to a financial forum.

It will be difficult for carbon emissions to drop sharply after reaching a peak, there may be a plateau period after a peak is reached, he said. – Reuters

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