Economics
Xi Says Economy Can Double as China Lays Out Ambitious Plans
- That will require 4.7% growth per year: Bocom strategist
- China will also aim for high-income nation status by 2025
Economists surveyed by Bloomberg see the economy expanding by 2.1% this year as a result of the coronavirus pandemic, accelerating to 8.0% in 2021.
Photographer: Yan Cong/BloombergThis article is for subscribers only.
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Chinese President Xi Jinping said the economy can double in size by 2035 and the country can reach high-income status in the next five years as the Communist Party outlined ambitious plans for the nation’s future.