China’s 2024 GDP target attainable only by major actions: analysts

Beijing will issue a spree of special-purpose bonds in order to help meet the ambitious GDP target, but more reforms are likely needed to boost output.

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.

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