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Chinese experts optimistic about GDP growth target

chinadaily.com.cn | Updated: 2023-03-08 06:40

Zhang Xueyong, dean of Central University of Finance and Economics' School of Finance

Zhang Xueyong, dean of Central University of Finance and Economics' School of Finance. [Photo/sf.cufe.edu.cn]

The target of 5 percent GDP growth reflects China's commitment to economic development, sending a positive signal to the market, boosting confidence and guiding expectations.

A GDP growth rate of 5 percent is a moderate target and is basically in line with the 2035 target. It is also in line with the country's current economic growth potential. It can be supported by resource factor conditions, and it can be realized through hard work.

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