Source: China – South China Morning PostChina will need to achieve annual gross domestic product growth of at least 4.5 per cent over the next five years to reach a 2035 benchmark, with a figure of “around 5 per cent” ideal for hitting the politically important target, a top Communist Party publication has suggested.
The country’s average annual growth rate “has to exceed 4.5 per cent” to ensure China has the per capita GDP of “moderately developed countries” by that year – a goal set during the party’s 20th National Congress in 2022…Read More