BEIJING, March 5 (AsianFin)—China has set the economic growth target at around 5% in the government work report 2024, the same as the growth target of 2023. This target was given in Chinese Premier Li Qiang’s Government Work Report delivered on Tuesday. The Chinese economy expanded by 5....
Meanwhile, the growth target is in line with some foreign financial institutions' expectations. In a research note shared with the Global Times ahead of the release of the official target, researchers at Standard Chartered, a UK-based bank, said that they expected a growth target of about 5 p...
BEIJING, March 5 (AsianFin)—China has set the economic growth target at around 5% in the government work report 2024, the same as the growth target of 2023. This target was given in Chinese Premier Li Qiang’s Government Work Report delivered on Tuesday. The Chinese economy expanded by 5....
In setting the target, the need to boost employment and incomes and prevent and defuse risks has been taken into account, and the growth rate is well aligned with the objectives of the 14th Five-Year Plan (2021-25), accord...
By Reuters | April 4, 2023, at 7:06 p.m. Save MoreReuters FILE PHOTO: Loretta J. Mester, president and CEO of the Federal Reserve Bank of Cleveland, looks on at Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside ...
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Nongfu Spring reported double-digit growth in both profit and revenue last year, posting a 18.6 percent surge in net profit to 8.5 billion yuan while revenue jumped 12 percent to 33.2 billion yuan, according to the firm’s latest financial report. Revenue from its main product, bottled drinking...
The target also takes account of the potential for growth and the conditions supporting growth, it said. Over the past decades, China's economy has overcome odds such as the COVID-19 pandemic, natural disasters and the global financial crisis, and has managed to maintain consistent growth while...
“I think on the whole the report is geared towards reassuring foreign investors that China is still a good place to do business and so forth,” Willy Lam, an expert in Chinese politics at the Jamestown Foundation think-tank in Washington, told Financial Times. ...
June 27, 2023 SOUTHFIELD, Mich., June 27, 2023 /PRNewswire/ – Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, increased the Company’s 2023 financial outlook and Seating target margins during its Seating Product Day. ...