Economists favor reducing GDP target to 6.5%
By Chen Jia | China Daily | Updated: 2015-10-19 08:56
A further cut in GDP growth is being advised by economists for China's 13th Five-Year Plan (2016-2020) to pave the way for more reforms and the switch to a consumption-driven economy.
They propose that the annual GDP growth target should be cut from about 7 percent to 6.5 percent.
Some economists even see short periods of 6 percent growth as tolerable.
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