China economic growth target in 2018 the level of 6,5%

Chinese to gross domestic product growth target (GDP) in 6,5% level, but did not mention the hope that economic growth will be higher, if possible, in the background of Beijing to ensure financial security.

Peng Bo news agency said the goal is to Chinese announced at 5 / 3, former premier Li Keqiang read the report in the U.S. Congress annual meeting in Beijing Chinese. 6,5 growth percent compared to last year did not change, but the difference is that the "Chinese export growth target for the year to reach higher, if you can, in fact," 2017.

China President Xi Jinping is stepping up anti-corruption, anti-poverty and the risk of lending. These efforts in the implementation of the second largest economy in the world in a long time to reduce the speed. Therefore, from the beginning of last year, China no longer focus on growth, digital speed contrast, emphasizes the growth of high quality.

In 2017, Chinese economic growth can easily exceed the target speed, to improve the 6,9%, the first year of marking speed, from 2010. However, GDP analysis and prediction of water in the world, this will only increase five percent 6,5 in 2018 to reduce the effect between debt and trade tensions, the government increased Chinese Donald Trump president of the United States.

"Chinese did not mention higher growth target", "if they can reduce the deficit and target signal key" showed reduced growth barriers and financial policy on the growth of Callum, Mr. Henderson, the executive director of Asia Research Pacific Corp Eurasia Group in the assessment of Singapore." It is meaningful to China because they have focused on reducing financial risk, reduce poverty and pollution to the environment, but not a good news for the export-dependent economy to Chinese.

"China year plan in 2018 with just to slow down, in fact, the economy of this country," Orlik expert Mr. Tom, evaluation of Beijing Asian economy minister Peng Bo." In addition, they also issued a lock to cut a pro-growth policy file.

The inflation target is compared to the Chinese government is set to the level of 3% years, last year did not change. In addition, Beijing is the constant goal to create more new jobs for 110 thousand of the city area, approximately $10% increase in retail sales, the stability of the RMB exchange rate equilibrium level.

"Stability" as the key to economic China in the year by President Xi Jinping in the pursuit of this goal let Chinese become a "prosperous nation" by 2020, must be a "great power" in the international school year in 2050.

Control of Congress meeting this year in Beijing China landscape, big companies strengthen the activities of the loan and buy assets overseas. Recently, China government took control of some large enterprises, including private insurance companies and Anbang CEFC oil company.

China legislative session will extend from today to March 20th, is expected to work through restructuring in many government agencies, the appointment of key positions a lot, including Vice President, Deputy Prime Minister and the governor, a new Chinese (central bank PBOC).