2022.03.03 23:23 GMT+8

Economist on expectations for upcoming Two Sessions

Updated 2022.03.03 23:23 GMT+8
CGTN

One of the major events the world and the markets look out for during China's Two Sessions is the Report on the Work of the Government. This report outlines the country's major policy goals and development targets for the year. The Head of Research at Bank of Communications International, Hong Hao, forecasts that China will set its 2022 GDP growth target at around 5 percent amid the economic uncertainties brought about by the COVID-19 pandemic and geopolitical tensions. He also added that more policies and guidelines in property and green energy sectors are expected.

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