Confidence Commitment: Quality-Oriented Growth and Growth Target

confidence commitment: However, as presidential tweets, growth targets and stock surges fill the news cycle, those trying to predict the future of China's economy should also look at the story beneath the headlines, according to Global Times China. This year's growth target, announced by Premier Li Keqiang as 6-6.5 percent, is the figure markets are closely watching. The annual meetings come amid a bullish market and the final countdown to the US-China trade talks. The decision to adopt a target range is evidence of the government's pragmatism amid uncertainties. This rebalancing is well underway. It also reveals confidence and commitment to maintaining economic momentum as China shifts from quantity- to quality-oriented growth. (news.financializer.com). As reported in the news.