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Shanghai 2023 GDP Target Announced: “Above 5.5%”

CHINA PRESS
MNI (BEIJING)

Shanghai will target GDP growth of above 5.5% in 2023, as it makes efforts to boost consumption and develop its digital economy, according to a recent government work report delivered by Shanghai Mayor Gong Zheng. The unemployment rate is targeted at below 5%, and work will be made to strengthen its global financial and consumption center status. The city will look at increasing cross-border yuan business and facilitate international financial services. (Source: 21st Century Business Herald)

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

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