Xinhua Commentary: How to View Economic Growth Rate

Wallstreetcn
2024.12.03 22:42

The commentary article states that if we do not break the "worship of speed" and get used to spreading out and launching projects, even if we temporarily increase speed, we will overdraw future growth. "Speed can be a little faster, not that it cannot be done, but that it is not done." The article also mentions that the current Chinese economy places more emphasis on achieving qualitative effective improvement and reasonable quantitative growth, rather than simply judging heroes by GDP. The economic growth target for the whole year is around 5%, and we have been striving towards this goal. After efforts, a growth rate of a little to the left or right of 5% is acceptable