China's economic growth in 2022 seen at 5.3%

BEIJING (China Daily/Asia News Network): China's economy is expected to grow around 5.3 per cent in 2022 following an expected 8 per cent growth this year, a top government think tank said on Monday (Dec 6).

According to the blue book on Chinese economy forecasts by the Chinese Academy of Social Sciences, policymakers should set a 2022 economic growth target above 5 per cent, giving them more room to deal with challenges and focus on pushing reforms and boosting high-quality development.