China potential economic output may grow 5%-5.7% over 5 years: central bank working paper

Fri Mar 26 2021
Lucy Harlow (4100 articles)
China potential economic output may grow 5%-5.7% over 5 years: central bank working paper

China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank working paper published late on Thursday.

In China’s 2021-2025 economic plan unveiled this month, the government did not include any average annual growth targets to allow more room to account for uncertainties and respond to changes.

China has set a 2021 gross domestic product target of more than 6%.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe