Reform Is On The Agenda, Say Pols

China's leaders set out their policy priorities in March during the annual National People's Congress, promising further reform while pledging to maintain the current growth rate. In his annual work report, premier Li Keqiang set the annual GDP growth target at 7.5%. The economy expanded b...

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Bibliographic Details
Published in:Global Finance 2014-04, Vol.28 (4), p.10
Main Author: Clouse, Thomas
Format: Article
Language:English
Subjects:
Economic policy
Economic reform
Foreign investment
GDP
Gross Domestic Product
Indexes
Interest rates
Online Access:Get full text
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Summary:China's leaders set out their policy priorities in March during the annual National People's Congress, promising further reform while pledging to maintain the current growth rate. In his annual work report, premier Li Keqiang set the annual GDP growth target at 7.5%. The economy expanded by 7.7% in both 2012 and 2013. Policymakers will face multiple challenges in maintaining the economic momentum, as evidenced by recent data. In February, China's official Purchasing Managers' Index dropped to an eight-month low, and exports fell by 18.1%.
ISSN:0896-4181