China People’s Congress Reveals Conservative GDP Target Of Just 5% For 2023

The 2023 National People’s Congress started today (March 5th; our preview is here). Outgoing Premier Li Keqiang delivered the Government Work Report (GWR) (his last), which outlined key economic targets for this year. Here are the highlights: Policymakers aim to achieve “around 5%” GDP growth target in 2023, the lowest in history and less ambitious […] Source