Press "Enter" to skip to content

More local governments in China set lower GDP growth targets for 2019

Most of Chinese local governments have set lower GDP growth targets for 2019, bolstering an expectation that the world's second largest economy will cut its overall economic growth target this year as the country gears up to cope with trade frictions and weakening domestic demand.

Notably, setting 2019 economic growth target as a range, instead of a specific figure, is becoming more common among local governments.

Of China’s 31 provinces, autonomous regions, and municipalities that have announced 2019 economic plans, 23 set lower targets than last year, according to their . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Systematic, timely and data-driven reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
  • Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related stories.
  • Weekly Market Wrap-up on A shares, Chinese bonds, the Yuan and commodities!
  • Interviews with China experts. We find you insights you should never miss!
  • Conference calls and events. Nothing is better than talking to newsmakers, experts and reporters directly, right?

 

Already have an account? Sign In

Top