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China Should Target 6.5 Percent Economic Growth in 2017: Think Tank

Dec 12 , 2016

China should set an economic growth target of around 6.5 percent for 2017, although it is very likely that it will be able to exceed that level, the State Information Center said on Monday.

The State Information Center is an official think tank affiliated with the National Development and Reform Commission, a powerful economic planner. It suggested the growth target in an article carried in the China Securities Journal.

Its recommendation comes as top leaders prepare to meet this month to map out an economic and reform agenda for 2017 during an annual Central Economic Work Conference.

"In 2017, China's economic operations will need to intensify efforts to alleviate deep-seated contradictions and structural problems," the think tank said, singling out the property market, social capital and regional financial risks as among its concerns.

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