BEIJING, May 24 (China Daily/ANN) - China's decision to place employment at the top of its agenda and abandon a GDP growth target indicates that policymakers will put more efforts into counteracting shocks from the novel corona virus pandemic, balancing short-term stimulus with long-term sustainable development, according to policy advisers.
Considering the impact of the COVID-19 pandemic, safeguarding employment and people's livelihoods is a more important issue than setting a specific GDP growth target, Yang Weimin, former deputy head of the Office of the Central Leading Group on Finance and Economic Affairs, said on Saturday.