growth range: A conservative estimate for the whole year would be around 5.8 percent, according to Global Times China. It's important to have a medium-term perspective and managed expectations when developing macro policies. In the year that China aims to secure the victory of building a moderately prosperous society in all respects, how will the country deal with the negative factors and maintain growth Here is some advice from Chinese economists Liu Yuanchun, vice president of Renmin University of China A growth range of 5.5-6 percent would be an appropriate goal for China in 2020. Both policy makers and market players should have a forward-looking perspective. A new round of comprehensive reforms and opening-up should be carried out. The principles emphasized at the fourth plenary session of the 19th Communist Party of China Central Committee should be implemented.
(news.financializer.com). As
reported in the news.
Tagged under growth range, macro policies topics.