• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

China Sets Conservative 6% GDP Target Below Analyst Consensus

March 5, 2021 by Forex Winner Leave a Comment

China Sets Conservative 6% GDP Target Below Analyst Consensus

China has set a conservative economic growth target of 6% in 2021 to fall significantly below the analyst consensus of 7%, according to Reuters.

  • Chinese Premier Li Keqiang said the target took into account the recovery of economic activity after the peak of the COVID-19 pandemic. 
  • China’s GDP expanded 2.3% in 2020, the weakest in 44 years. It is the only major economy to report an expansion.
  • Policy advisors said the target reflects public effort to demonstrate economic stability while keeping a lid on debt and risk appetite. The purpose is to show focus on higher quality, as growth is likely over 6%.
  • Li pledged to spur domestic consumption and innovation, as the low target will give more room for reforms. Annual research and development spending will be hiked by 7% every year until 2025.
  • China aims to create over 11 million new urban jobs in 2021 from the 9-million target in 2020.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

FXDD

FXDD Review

September 16, 2019 By Forex Winner

Forex Tester Review

May 16, 2023 By Forex Winner

ufx

UFX Review

November 18, 2019 By Forex Winner

Forex Robot Reviews

Tradescoop Review

May 2, 2023 By Forex Winner

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure