Description
China Government Expected Target of GDP (YoY) is set and published by the Chinese government in its annual work report to guide the direction of economic growth for the year. This target reflects the government's expectation for growth in Gross Domestic Product (GDP) and serves as an important basis for formulating economic policies and evaluating economic performance. A higher target generally indicates government confidence in economic development and a commitment to boosting growth, while a lower target may signal a cautious stance in the face of economic slowdown.