FEATURES
China’s financial hub Shanghai eyes “above 5.5%” GDP growth in 2023 after 3% growth last year
China’s financial hub Shanghai set its 2023 GDP growth target at “above 5.5%”, said mayor Gong Zheng in his government work report.
Key takeaways of statement of China’s annual Central Economic Work Conference
China’s annual Central Economic Work Conference was held in Beijing from Thursday to Friday as Chinese leaders decided on the priorities for the economic work in 2023, according to China’s official Xinhua News Agency.
China’s new bank loans rebounded in Nov, credit growth hit slowest since Oct 2021, household loans, corporate bond financing remained weak
China’s new bank loans rebounded in November from the previous month amid the government’s efforts to bolster the slowing growth, while the overall credit growth remained sluggish as household loans and corporate bond financing remained weak.
