Guangdong missed its 2018 7-per cent growth target, expanding by 6.8 per cent. Photo: AFP
Economy /  China Economy

Guangdong’s growth slump is seen as a turning point for China’s economy, say analysts

  • Country’s most prosperous province has set lower 2019 growth target that matches expected national target as fast growth fades and trade war clouds outlook
  • Provincial officials have made helping private sector to boost growth a priority
Topic |   China economy
SCMP
He Huifeng and Sidney Leng

Updated: 11:02pm, 30 Jan, 2019

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Guangdong missed its 2018 7-per cent growth target, expanding by 6.8 per cent. Photo: AFP
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He Huifeng

He Huifeng

He Huifeng is an award-winning journalist and has been focusing on mainland news reporting since 2001 for several overseas media. She has gained an in-depth knowledge of political, economic and social issues on the mainland through years of close observation, which has given her a love for journalism in the field.

Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.