investment

Lower GDP Target, Same Reform Signals in Premier’s Work Report

China’s Premier Li Keqiang stated in his annual government work report that the country’s GDP growth target for 2017 would be “around 6.5 percent,” a decrease from last year’s “6.5 percent to 7 percent.” The report, traditionally delivered in the opening days of the National People’s Congress each spring, reviews progress of the previous year,

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GDP

S&ED to Prioritize Investment, Transparency, Economic Restructuring

US and Chinese government officials are gearing up for the eighth annual Strategic and Economic Dialogue (S&ED) in early June in Beijing. Priority issues for negotiators regarding US industry include industrial overcapacity, investment liberalizations, intellectual property rights, and transparency.

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13th Five-Year Plan Stresses Economic Restructuring

The PRC National People’s Congress concluded this month with the release of China’s 13th Five-Year Plan (FYP) on National Economic and Social Development. Outlining economic policies and targets to drive industry development in China through 2020, the plan focuses on maintaining economic growth and social stability while continuing reform efforts.

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