Economist: Steady GDP growth achievable this year
By Xinhua | China Daily | Updated: 2017-02-16 07:03
China is capable of achieving steady GDP growth this year despite global uncertainties, according to Standard Chartered Bank.
"We expect China to continue to set its GDP growth target at about 6.5 percent for 2017, and the world's second-largest economy could grow by 6.6 percent this year," said Ding Shuang, chief greater China economist at Standard Chartered.
Ding noted that US policies toward China and elections in post-Brexit Europe might complicate the international environment for the Chinese economy, while domestic slowdowns in the property and automobile markets might drag on consumption growth.
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