A former senior economic planner has called for China’s annual growth target to be lowered for the next five years, factoring in the likelihood of a protracted rivalry with the United States and the need to solve deep-rooted structural problems in China.
Xu Lin, who helped draft Beijing’s five-year plan for decades while an official at the National Development and Reform Commission, made the comments as the world’s second-largest economy is increasingly relying on economic planning for continued growth.
