Some of the info being reported from CHina's NPC.

Note: China makes no 2020 GDP target - cites virus impact and global uncertainties

Instead:

  • seeks to add 9m urban jobs this year
  • jobless rate target around 6%
  • inflation aim is around 3.5% (last year's was 3%)
  • target for their budget deficit is above 3.6% of GDP (last year's was 2.8%)
  • will sell CNY 1tln of anti-virus bonds this year

More:

  • to keep yuan basically stable
  • to amend monetary policy tools to better serve the economy
  • to use innopvative mon pol tools to finance the real economy
  • to guide money supply significantly higher than last year