China advisers to recommend lower 2022 GDP target as headwinds grow


Investors are closely watching for clues on next year’s policy and reform agenda as President Xi Jinping and other top leaders hold the annual central economic work conference due this month.

BEIJING: Advisers to China’s government will recommend authorities set a 2022 economic growth target below the one set for 2021, giving policymakers more room to push structural reforms amid growing challenges to the outlook.

Investors are closely watching for clues on next year’s policy and reform agenda as President Xi Jinping and other top leaders hold the annual central economic work conference due this month.

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