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Li Daokui, a CPPCC member and finance professor at the Tsinghua University School of Economics and Management, predicted China's GDP growth rate will hit 8.5 percent in 2012. The government work report set the target at 7.5 percent growth.
Li also said he is optimistic about China's stock market this year and urged commercial banks to "lose weight" in order to better reduce the risks of lending to small- and medium-sized enterprises.
Reporter: Song Jingli
Technical director: Huang Lan
Editor: Lin Hanqing & Christie Lee
Graphic design: Zhang Xiao
Producer: Flora Yue
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