• China state council researcher: lower GDP growth target is to reflect uncertainties

Market news

5 March 2019

China state council researcher: lower GDP growth target is to reflect uncertainties

  • Lower GDP target can help China pursue quality growth

  • China needs GDP growth of around 6.2% this year and next to double GDP by 2020

  • Growth rate that is slightly higher or lower will still be acceptable

  • Tax cuts are largely aimed at helping manufacturers

Market Focus
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