Exclusive: China govt advisers call for steady growth target in 2024, more stimulus


Source: reuters.com reuters.com

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Summary Govt advisers to recommend 2024 growth targets of 4.5-5.5% China to rely on fiscal spending to drive growth next year PBOC may play supporting role with modest policy easing BEIJING, Nov 22 (Reuters) - Chinese government advisers will recommend economic growth targets for next year ranging from 4.5% to 5.5% to an annual policymakers' meeting, as Beijing seeks to create jobs and keep long-term development goals on track. Five of the seven advisers who spoke with Reuters said they favoured a target of around 5%, matching this year's goal. One adviser will propose a 4.5% target, while the other...