The Chinese government’s GDP growth target of 5% for this year is aggressive, ahead of the forecast of several analysts. To meet that target, the Chinese government will have to undertake major actions including issuing large amounts of bonds, according to several experts who spoke with FinanceAsia.
The GDP growth target of 5% was announced at the annual “Two Sessions” of the National People’s Congress NPC, China’s parliament, and the Chinese People’s Political Consultative Conference CPPCC, which was held in Beijing from March 4 to 11. China’s GDP growth target of 5% in 2024 is slightly lower than its GDP growth of 5.2% in 2023...
¬ Haymarket Media Limited. All rights reserved.
