China’s Premier Li: Confident of meeting this year’s growth target

Dhwani Mehta FXStreet

China's Premier Li Qiang said at an Import Expo in Shanghai on Tuesday that he is “confident of meeting this year’s growth target.”

Additional comments

Must build a stronger consensus for opening up.

China will upgrade free trade zones.

China will explore free trade and investment agreements with other countries.

China will continue to open telecommunications, internet, healthcare, and other sectors for investment.

China stands ready to work with all sides to enhance coordination and collaboration.

Many positive developments in China's economy indicate a favourable outlook.

China has both fiscal and monetary tools at its disposal.

Optimistic about economic prospects in the coming years.

China can increase counter-cyclical adjustment.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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