Economic news
China is expected to achieve 5% full-year growth target -central bank governor
2023.11.07 22:37
© Reuters. People’s Bank of China (PBOC) Vice Governor Pan Gongsheng speaks at a news conference in Beijing, China March 3, 2023. REUTERS/Florence Lo/File Photo
BEIJING (Reuters) – China is expected to achieve its annual growth target of 5% smoothly, central bank governor, Pan Gongsheng, said at the Financial Street Forum on Wednesday, state media reported.
China’s economic growth momentum improved recently, with production and consumption recovering steadily and employment and consumer prices remaining stable overall, the Securities Times reported.