China’s growth target represents a gauge of how the country’s leaders see the economy faring, and its official figures — which most economists consider to be too smooth and steady to be precisely accurate — generally meet or exceed the goal. In recent years, the targets have declined as China’s economy slowed, and it has offered a range instead of a specific figure to give policymakers more flexibility. Last year, it set a growth target of 6 percent to 6.5 percent.
Source Article from https://www.nytimes.com/2020/05/22/business/stock-market-today-coronavirus.html
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