Chinese MPC member calls for 5% growth target in 2023
China faces "difficulty" in sustaining strong annual growth from now to 2035, Liu Shijin says
China should aim for GDP growth of 5% for 2023 after struggling to meet this year’s target, a member of the People’s Bank of China’s monetary policy committee said today (November 18).
Liu Shijin said growth of 5% in 2023 was crucial for China to meet its urgent demand for stable growth and achieve its long-term modernisation goal.
He also said it would be “difficult” to achieve the long-term growth goals set out by Chinese president Xi Jinping.
That rate of GDP growth would still be one of
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