08-January-2025
Economy News
 
China State Planner Is 'Fully Confident' of Achieving 2024 Economic Goals
08-Oct-2024

China is "fully confident" of achieving its full-year economic and social development targets, with some funds from 2025's budget being brought forward to support projects, chairman of the country's economic planner Zheng Shanjie said on Tuesday. China stocks blasted to two-year highs after a slew of stimulus steps announced in recent weeks supported sentiment in early trade, but later retreated. Hong Kong shares also slid as investors walked back some of the stimulus excitement. Zheng, chairman of the National Development and Reform Commission (NDRC), told a press conference China's economy remains largely stable but is facing more complex internal and external environments.

News Source:- https://money.usnews.com/investing/news/articles/2024-10-07/china-fully-confident-of-achieving-2024-economic-goals-says-official