World Today

Is China's "around 5%" growth target for 2024 ambitious?

03.05.2024 - By China PlusPlay

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①China has set an economic growth target of “around 5%” for 2024, as well as targets for other economic indicators such as inflation, job creation, and fiscal budget deficit. We look at how policymakers envisions China’s economic tasks and challenges in 2024. (00:52)

②We hear from former World Bank Chief Economist Justin Yifu Lin about China’s growth potentials. (24:44)

③Inflation in the euro zone eased less than expected in February, as consumers and investors wait for an interest rate decision by the European Central Bank later this week. (33:59)

④China expresses serious concerns about the Biden administration ordering a probe into the national security risks posed by Chinese-made "smart cars". Is the EV industry developing in a trajectory similar to that of the 5G sector? (44:52)

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