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Per the Global Times: "China should set a.....>

CHINA
CHINA: Per the Global Times: "China should set a GDP growth target of 6 percent
for the next two to three years instead of an annual one to lift the Chinese
economy back on the right path, as it faces huge uncertainty largely from
overseas, according to an economic advisor to the Chinese government. "My
opinion is that [China] should combine the economic development for the next two
to three years to make an overall plan... if you make plans on an annual basis,
your plan would fail to catch up with the changes," said Li Daokui, a prominent
economist at Tsinghua University and a member of the National Committee of the
Chinese People's Political Consultative Conference (CPPCC), China's top
political advisory body. In an exclusive interview with the Global Times on
Wednesday night, Li, who is also a former policy advisor to China's central
bank, said that if China would be regarded as doing a good job if its economy
could return to around 6 percent growth after two to three years."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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