(MENAFN) China looked ready for a start this year, after activity in the industrial sector contracted for a fifth straight month in Dec.
Whereas China's services sector ended last year on a strong stage, the economy still looked to grow as its slowest pace In a quarter of a century.
Additionally, the official manufacturing Purchasing Managers' Index (PMI) reached 49.7 in Dec; still economists seemed to find comfort that there were no signs of a sharper fall.
"In order to facilitate the destocking and deleveraging process, monetary policy will remain accommodative and the fiscal policy will be more proactive," said China economist.
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