Chinese MPC member calls for 5% growth target in 2023

The People’s Bank of China
The People's Bank of China

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

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

If you already have an account, please sign in here.

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 here: