Caixin
Mar 14, 2022 09:06 PM
ECONOMY

Analysis: The Seven Factors That’ll Shape China’s Economy This Year

A man passes by statues donning masks at a street in Jiaxing, East China’s Zhejiang province, in February 2020. Photo: VCG
A man passes by statues donning masks at a street in Jiaxing, East China’s Zhejiang province, in February 2020. Photo: VCG

China’s policymakers closed the annual “Two Sessions” on Friday by reiterating an emphasis on stabilizing growth as they unveiled plans to address the key issues facing the economy amid geopolitical turmoil and the latest wave of Covid-19 outbreaks.

As the country works toward achieving a GDP growth target of around 5.5% this year — the lowest in more than three decades yet still above many market expectations — economists predict that the government will ramp up the implementation of more targeted macro policies while prioritizing stability.

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