percent: If we proceed with current economic operations and policies, the economic growth will not drop below 6 percent in 2020, according to Global Times China. Therefore, whether China should maintain 6 percent growth is not a valid question anymore. GDP growth this year is expected to grow by at least 6.1 percent. Deepening reforms, expanding opening-up, pushing up economic transformation and improving potential output are more important measures. As a more active fiscal policy is taking place and economic structure transformation continues, investment will hit bottom and then bounce back. In the first three quarters of this year, capital accumulation contributed 19.8 percent of GDP growth, which is the lowest in two decades.
(news.financializer.com). As
reported in the news.
Tagged under percent, structure transformation topics.