GDP growth expected to remain stable
By Wang Yiqing and Xin Zhiming | China Daily | Updated: 2018-12-25 07:27
Structural reforms to support economy in spite of recent challenges, report says
China's GDP growth next year is expected to be stable at 6.3 percent despite headwinds, according to the Chinese Academy of Social Sciences, and economists suggested that the country should continue to press ahead with structural reforms to boost growth.
Despite the global economic downturn and Sino-US trade conflicts, China's GDP growth rate may reach 6.6 percent this year - meaning it would achieve its preset growth target of around 6.5 percent - and then in 2019 ease to 6.3 percent, according to the academy's latest forecast, released in a blue book report on the economy on Monday.
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