Tag: Li Qiang

• Wednesday, March 6th 2024 - 09:59 UTC

  Beijing ambitious 2024 growth target, 5%, but economists and circumstances are not convinced

  

  China on Tuesday announced an ambitious economic growth target of 5% for 2024, vowing to “seek progress while maintaining stability” amid a sluggish economy and weak confidence among investors and consumers. This contrasts with the 5,2% reported for 2023 and 3% during 2022.