PBOC

China’s ‘two sessions’ 2024: economic heavyweights face press on ambitious 5% GDP growth target

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This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing in our spring flash sale. China’s finance and commerce ministers, as well as the heads of the People’s Bank of China, National Development and Reform Commission and China Securities Regulatory Commission, face the press … Read more

China urged to look to low-income groups like migrant workers to ignite new growth engines

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However, certain structural reforms could help the country discover its full growth potential, Liu told a financial forum in Beijing on Saturday, according to state-backed digital media The Paper. How much employment pressure is China facing? Concerns have been mounting in China over the economy’s long-term potential amid a prolonged property market slump and local … Read more