Penson: It is a rule not to mention the expected target of GDP growth rate

Penson: It is a rule not to mention the expected target of GDP growth rate
On May 22, Sauna Night held two sessions of economic strategies, invited economists to be a guest in the live room of Sauna Night, Peng Sen, former deputy director of the National Development and Reform Commission, former director of the Institute of Finance of the Ministry of Finance, and Jia Kang, director of the China Academy of New Supply Economics,Liu Yuanchun, vice president of Renmin University of China, and Cao Yuanzheng, chairman of BOC International Research Co., Ltd., etc., jointly interpreted the government work report just released this morning.Peng Sen, the former deputy director of the National Development and Reform Commission, pointed out that this year’s government work report did not put forward any specific indicators of economic growth, and this indicator has been the most important indicator that everyone has paid attention to for many years in China.No more specific indicators are mentioned, mainly because China’s current economic development and national environment are facing some major uncertainties. The first is the impact of the epidemic. China’s growth in the first quarter of this year was only negative.8%, which is also the lowest single-quarter growth rate since GDP statistics.The GDP situation in the second quarter, the third quarter, and the fourth quarter may be affected by international influences, especially the current epidemic situation continues to spread globally.And the stability of China’s current industrial chain is also affected, so the uncertainty of the annual GDP growth rate is still relatively large.However, according to general macro indicators, Pensen believes that from the perspective of finance, employment, prices, and balance of payments, although there is no specific GDP growth target, there are clear references to the other three indicators.”I think GDP growth is finally reflected in several other indicators. We should try our best to ensure that GDP has a relatively incremental growth, which is in line with the actual growth of several other indicators.”Penson said that not to mention the expected growth data now is to seek truth from facts and follow the regular adjustments.Sauna, Ye Wang Zhang Siyuan Editor Chen Li proofreading Chen Diyan