The Shanghai government has set itself a 5.5 per cent GDP target for 2023. Photo: Reuters
The Shanghai government has set itself a 5.5 per cent GDP target for 2023. Photo: Reuters
Shanghai

Shanghai targets 5.5 per cent consumption-led GDP growth for 2023 as it looks to recover ground lost to Covid lockdown

  • Shanghai will strive to achieve economic growth of 5.5 per cent in 2023, despite the headwinds buffeting the global economy, according to Mayor Gong Zheng
  • City’s GDP target could exceed the national goal of 5 per cent likely to be set at the National People’s Congress in March

The Shanghai government has set itself a 5.5 per cent GDP target for 2023. Photo: Reuters
The Shanghai government has set itself a 5.5 per cent GDP target for 2023. Photo: Reuters
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