China sets 5% growth target

Economists question whether government can achieve GDP goal, given weakness in economy

IFF China 2020 1-05

China’s premier Li Qiang today (March 5) announced that the country’s GDP growth target for 2024 would be around 5%. However, analysts have said it remains unclear how the government can achieve this, given the weakness in the economy.

Li announced the target while delivering his first work report at the annual meeting of China’s legislature, the National People’s Congress. He said the government also aimed to get consumer inflation to around 3%, create more than 12 million urban jobs and keep

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account