China economy targets for 2020

Author: Eamonn Sheridan | Category: News

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

  • 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
  • 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

See here for global coronavirus case data
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose