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Wednesday, March 9, 2022

China has set a GDP growth of 5.5% for 2022.



How realistic is China's GDP growth target?

China has set a GDP growth target of 5.5% which is within our expectation.  We had stated in February that China was targeting a GDP growth target of 5-5.5% for the next decade.

https://sg-stock.blogspot.com/2022/01/analyses-of-us-main-street-economic_20.html

China has to maintain a GDP growth of about 5% to achieve a full employment rate for its annual 9-10m university graduates.  Therefore, China is setting a very realistic target of 5.5% for 2022.

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