Description
China Government Expected Target of CPI (YoY) is set and published by the Chinese government in its annual work report to guide and control the expected annual growth in domestic price levels. This target reflects the government's expectations for changes in the Consumer Price Index (CPI) and serves as an important basis for formulating price stability policies and assessing inflation risks. A higher expected target may indicate an anticipation of rising inflationary pressure, while a lower target suggests an emphasis on price stability.