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Policy advisors have underlined the urgent need for China to shore up economic growth, proposing to set the country's GDP growth target at no less than 5 percent for the next year.
China should strive for an average economic growth rate of around 5 percent for 2022 and 2023, as the country's potential growth level is probably between 5 percent and 5.5 percent, Liu Shijin, vice chairman of the Committee on Economic Affairs of the National Committee of the Chinese People's Political Consultative Conference, said on Friday.
At Caixin Summit, China’s monetary policy adviser says a rocky economic recalibration will magnify existing difficulties and risks, driving the nation’s economy down a slow and distorted path.
Caixin Summit: Energy Expert Pours Cold Water on Hydrogen Hopes - Equipment powered by hydrogen will inevitably be costlier to run than that which directly uses electricity, Zhou Dadi tells forum
Policy advisors have underlined the urgent need for China to shore up economic growth, proposing to set the country's GDP growth target at no less than 5 percent for the next year.