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China's GDP Seen Growing About 5.5-6% In H2-Herald

CHINA PRESS
MNI (Singapore)

China’s priority in the second half of the year is to ensure the economy returns to its potential growth rate, with analysts expecting about 5.5% or even above 6% growth should the pandemic keep under control and pro-growth policies continue to kick in, the 21st Century Business Herald reported citing analysts. Top policymakers urged to "strive to achieve the best result" for GDP growth in the politburo meeting on Thursday, compared to the previous meeting in April that urged to “meet the expected goals of economic and social development throughout the year”, the newspaper said. It is objectively challenging to achieve the annual growth target of 5.5% as output was sapped in H1, though policymakers still urged major economic powerhouses to meet the expected annual goals, the newspaper said.

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