Search ForexCrunch

The Chinese authorities must defy the expectations and set a target for economic expansion for this year, Bloomberg reports, citing comments from Zhang Liqun, a researcher at the Development Research Center of China’s State Council.

Further comments

“Without a certain pace of expansion, the quality of the economy doesn’t have support.”

“I think it is necessary to set a goal for economic growth this year, and the conditions are in place for it,” referring to the strong post-covid pandemic recovery.

“The lack of a GDP target last year was mainly due to uncertainty due to the pandemic.”

Related reads

  • China’s economy to grow 8-9% in 2021 – PBOC’s advisor
  • Advisor: China may not afford major tax cuts in 2021
Expert score


Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.