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China H2 GDP Will Grow Close To 5% - Expert

CHINA PRESS

China will achieve close to 5% economic growth in H2 once authorities implement incremental policy support, according to Wang Yuanhong, deputy director at the Economic Forecast Department of the State Information Center. In an interview with 21st Century Herald, Wang said the government should focus on supporting the private economy which has strong potential for recovery in H2. Officials must take action to improve the consumption environment, and stabilise real-estate investment by adopting city-specific and local-specific policies, Wang said. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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