China’s NDRC Vice Chairman Ning: China’s economic growth in 2019 met target
|China achieved economic growth target in 2019 despite global market uncertainties, the National Development and Reform Commission (NDRC), China’s state planner, Vice Chairman Ning Jizhe said over the weekend.
Key Quotes (via Global Times):
“Economic growth in 2019 met target thanks to supportive policies and the acceleration of the domestic economic transformation.
Despite downward pressure persisting amid uncertainties in the global market because of trade tensions with the US.
Will achieve its GDP growth target of 6-6.5 percent in 2019.”
Meanwhile, China's GDP growth is expected to be around 6.1 percent in 2020, according to a forecast released by the Chinese Academy of Sciences on Thursday.
Note that Beijing is scheduled to reveal the fourth-quarter and full-year GDP rates for 2019 this Friday.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.