Arab Today, arab today china leaders convene to forge key 2015 economy policies
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

China leaders convene to forge key 2015 economy policies

Arab Today, arab today

Arab Today, arab today China leaders convene to forge key 2015 economy policies

The Chinese economy is facing multiple challenges
Beijing - AFP

China's top leaders opened a meeting Tuesday to craft economic policies for 2015 as the world's second-largest economy embraces slower long-term growth, state media reported Tuesday.
Policymakers gathering for the closed-door Central Economic Work Conference are expected to "map out plans" for the coming year based on an economic "new normal", the Xinhua news agency said.
President Xi Jinping and other top leaders have often spoken of the "new normal" as they try to put China's increasingly affluent consumers at the centre of the economy, rather than investment and exports.
They say they are ready to tolerate slower expansion to achieve more sustainable growth.
Xinhua did not say how long the meeting would run. Previous ones, however, have often lasted two to three days.
The annual gathering is closely watched for clues as to the coming year's goal for gross domestic product (GDP) growth, although its conclusions will probably not be formally unveiled until March.
Economists increasingly expect a lowering of the official GDP target to about seven percent owing to continuing downward pressures on the economy as well as authorities' commitment to reforming it.
China last lowered the target in 2012, to 7.5 percent from 8.0 percent. Any drop to 7.0 percent would be the lowest since 2004.
The ruling Communist Party's powerful Politburo said last week the government would "keep the economy operating within a reasonable range" in 2015.
Growth came in at 7.3 percent in the third quarter, the slowest since the height of the global financial crisis in early 2009. The economy is now facing multiple challenges including a deflating property bubble, high debt levels, and the looming threat of deflation, or falling prices.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china leaders convene to forge key 2015 economy policies Arab Today, arab today china leaders convene to forge key 2015 economy policies

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china leaders convene to forge key 2015 economy policies Arab Today, arab today china leaders convene to forge key 2015 economy policies

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday