"China Defends GDP Goal, Announces Push to Jumpstart Economy with 5% Growth Target"
TL;DR Summary
During China's annual "two sessions," Beijing defended its realistic GDP growth target of around 5% for 2024 and vowed to crack down on financial market irregularities. However, questions persist on how the government will tackle issues such as the property crisis and local government debt woes facing the country's economy.
- As it happened: Beijing defends GDP goal, vows crackdown on market defects South China Morning Post
- China may have to resort to a tried-and-tested tactic to power its 'new leap forward' CNBC
- China's 5% growth target for 2024 is achievable, state planner says Reuters
- Madonna is among the early adopters of AI's next wave The Associated Press
- China announces a push to jumpstart its economy NPR
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