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China to target 6-6.5% GDP growth in 2019


  • Economy
  • Friday, 18 Jan 2019

"More efforts will be made to boost infrastructural growth, but in a more efficient way. Local governments need to cut costs and get used to spending less," the official also said.

"More efforts will be made to boost infrastructural growth, but in a more efficient way. Local governments need to cut costs and get used to spending less," the official also said.

SHANGHAI: China may set an economic growth target for this year of between 6 percent and 6.5 percent, lower than for 2018, the official China Daily newspaper reported on Friday, citing unnamed sources close to policymakers.

"We face greater challenges to stabilize growth compared to the previous year," the paper quoted a National Development and Reform Commission official as saying.

Economy

   

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