UPDATED: Most Chinese provinces set 2022 GDP growth targets below 7%, vowed to boost investment, consumption
UPDATED: Most Chinese provinces set 2022 GDP growth targets below 7%, vowed to boost investment, consumption

UPDATED: Most Chinese provinces set 2022 GDP growth targets below 7%, vowed to boost investment, consumption

As of January 21st, 28 of China's 31 provincial-level regions had announced growth targets for 2022 during their annual meetings of local lawmakers and political advisors.

A majority of the regions set 2022 growth targets below 7% and they pledged to actively expand effective investment, moderately front-load infrastructure investment, launch a series of campaigns to boost consumption, in particular recovery of contact consumption and cultivate new growth point for consumption . . .

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