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China Annual Growth May Average 5.5% in 2021-2025: Herald

CHINA PRESS
MNI (Sydney)

China's yearly GDP growth may average 5.5% for the next five years with inflation at 2%, the 21st Century Business Herald reported citing Liu Shijin, a deputy director of the economy committee of the Chinese People's Political Consultative Conference. The government should focus on boosting "total factor productivity" including technology growth and efficiency to support the appreciation of the yuan, the value of which will be a key factor in achieving a government goal of average income of USD20,000 by 2035, Liu said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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