{"id":135127,"date":"2024-11-05T09:10:40","date_gmt":"2024-11-05T07:10:40","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/chinas-premier-fully-confident-of-hitting-growth-targets\/"},"modified":"2024-11-05T09:10:40","modified_gmt":"2024-11-05T07:10:40","slug":"chinas-premier-fully-confident-of-hitting-growth-targets","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/chinas-premier-fully-confident-of-hitting-growth-targets\/","title":{"rendered":"China\u2019s premier \u2018fully confident\u2019 of hitting growth targets"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/135127\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Chinese Premier Li Qiang said Tuesday he was \u201cfully confident\u201d the country would hit its economic goals this year, lauding recent stimulus measures and suggesting there was still room for more. Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly uneven.<\/p>\n<p>The government has announced a raft of measures aimed at boosting activity, including rate cuts and the easing of some home purchasing restrictions, but analysts have criticised the lack of detail so far.Observers hope a specific figure for the stimulus could emerge from this week\u2019s meeting of the Standing Committee of the National People\u2019s Congress (NPC), the top body of China\u2019s rubber stamp parliament, in Beijing.<\/p>\n<p>Speaking Tuesday at the opening ceremony of a major international trade show in Shanghai, Li said: \u201cWe are fully confident in the realisation of this year\u2019s goals and the development of China\u2019s economy in the future.\u201d The premier, who has official responsibility for economic policy, suggested that authorities still had room to manoeuvre when it came to further measures.<\/p>\n<p>\u201cIn the face of downward economic pressure, we have the requirements for increasing counter-cyclical adjustments,\u201d he said. \u201cThere is a relatively large space for financial and monetary policies, and the policy tools are even more abundant.\u201d An initial market rally when the measures were announced has since fizzled out, with investors put out by the lack of detail.<\/p>\n<p>But there have been glimmers of hope for the economy recently, including China\u2019s manufacturing output expanding for the first time in six months in October. Activity in China\u2019s services sector also accelerated in October, according to an independent index published on Tuesday.The Purchasing Managers\u2019 Index (PMI) for services, calculated by S&amp;amp;P Global and Chinese business media Caixin, stood at 52 points, up from 50.3 in September. The figure is the best since July and anything above 50 is regarded as growth.<\/p>\n<p>The NPC standing committee meeting this week has a review of financial work on the agenda, Beijing said.And on Monday lawmakers reviewed a bill that would raise local government debt ceilings to replace existing hidden debts, according to state news agency Xinhua. Another challenge facing the economy is escalating trade rows with several key trading partners \u2014 most notably the European Union and the United States.<\/p>\n<p>Speaking at the China International Import Expo (CIIE), an annual showcase trade show in financial hub Shanghai, Li insisted China was committed to opening up further to foreign investment. Before an audience that included a posse of foreign dignitaries, including the Malaysian, Slovakian and Serbian prime ministers, Li warned against rising unilateralism and protectionism.<\/p>\n<p>\u201cFrom a global perspective, many issues that should not be a problem have often emerged since opening up, in particular, all kinds of dishonest behaviours, which have caused the broken window effect that destroys rules,\u201d he said, referring to a theory that visible signs of crime encourage further lawlessness.China has railed against tariffs on its electric vehicles imposed by the EU and Washington among others.<\/p>\n<p>Beijing last month announced provisional tariffs on EU brandy imports, and has also initiated anti-dumping probes into some EU pork and dairy imports. French trade minister Sophie Primas, who is attending the CIIE, told AFP on Monday that the window for negotiation remained \u201copen\u201d but warned France would take all possible measures over provisional tariffs on European brandy.<\/p>\n<p>Source:<a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/news\/chinas-premier-fully-confident-of-hitting-growth-targets-2\/article\"> DJ<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/chinas-premier-fully-confident-of-hitting-growth-targets\/\">China\u2019s premier \u2018fully confident\u2019 of hitting growth targets<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[758,1331,606,607,608],"class_list":["post-135127","post","type-post","status-publish","format-standard","hentry","category-news","tag-china","tag-growth","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/135127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=135127"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/135127\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=135127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=135127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=135127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}