Ma Jun: China should replace GDP growth target with a jobless rate goal

Ex-PBOC research bureau chief economist Ma Jun speaking with Caixin

• Scrapping GDP target will help prevent financial crisis
• It will also help cut excessive stimulation to the economy

Some general comments by Ma, not a significant one - but tells you what the people in China are thinking about the PBOC and the economy in general. China's major outlook has always been tied to this ~7% GDP target, so Ma is commenting on a change to reduce the stress/pressure on that goal.