Economics
China Signals More Policy Support With 5.5% Growth Target
- Government vows to step up monetary policy implementation
- Economists see more rate cuts, fiscal spending on the cards
The government hasn’t set a GDP target under 6% since 1991.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
China’s government signaled more stimulus is on the cards by setting an aggressive economic growth target, calling for confidence amid rising domestic strains and global instability stemming from Russia’s invasion of Ukraine.