摘要
This year’s government work report confirmed speculations that the Chinese economy will slow down further in 2015 by lowering its whole-year growth target to around 7 percent,the lowest since 2000.What does the lowered growth target mean?China is fine-tuning its growth target to make it fall within a reasonable range.The Chinese economy realized two-digital growth for five consecutive years,from 2003 to 2007.After the outburst of the global financial crisis,
This year's government work report confirmed speculations that the Chinese economy will slow down further in 2015 by lowering its whole-year growth target to around 7 percent, the lowest since 2000. What does the lowered growth target mean?