trending Market Intelligence /marketintelligence/en/news-insights/trending/iaDwGcbbpkjSL5iinomhWw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

China targets growth within 'reasonable range' as downward pressure mounts

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


China targets growth within 'reasonable range' as downward pressure mounts

China vowed to maintain economic growth within a "reasonable range," noting mounting downward pressure on the economy amid a global growth slowdown and increased volatility risks, state media Xinhua News reported.

The Chinese government, at an annual Central Economic Work Conference, called for deeper supply-side structural reforms to ensure reasonable growth.

China's annual GDP growth slumped to a 30-year low of 6.0% in the third quarter amid trade tensions with the U.S. S&P Global Ratings expected in October that growth would drop to 5.8% in 2020.

Officials also agreed to speed up the reforms of state-owned assets, improve the property rights system and promote the development of small and medium-sized enterprises.

The government intends to better the quality of listed companies, improve the exit mechanism and improve the capital market. It also wants to boost the protection of foreign investment and promote foreign trade while reducing the level of tariffs.

Meanwhile, the government said it will continue to implement a proactive fiscal policy and a prudent monetary policy.