Chinese local governments set confident growth targets for 2021, top authority likely to skip setting national growth target again
Chinese local governments set confident growth targets for 2021, top authority likely to skip setting national growth target again

Chinese local governments set confident growth targets for 2021, top authority likely to skip setting national growth target again

 

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Several of China’s provincial governments have announced their economic growth targets for 2021, but policy advisers say that as in 2020, the central government is unlikely to set a national goal for the year.

As of Sunday, at least half a dozen provinces and cities have released specific numerical growth targets for 2021, with traditional economic powerhouses setting lower targets than emerging growth areas in the central and western regions. 

Authorities in Guangdong, China’s largest provincial economy, said on Sunday it had set a growth target of “above 6 per cent” for . . .

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