China is relying on increased infrastructure spending to boost flagging growth, but that will not necessarily help small private businesses in the country. Photo: Reuters China is relying on increased infrastructure spending to boost flagging growth, but that will not necessarily help small private businesses in the country. Photo: Reuters
China is relying on increased infrastructure spending to boost flagging growth, but that will not necessarily help small private businesses in the country. Photo: Reuters

Coronavirus: China needs GDP growth of about 3 per cent in 2020 to meet job goals, analysts say

  • Beijing wants to keep the urban unemployment rate steady at about 6 per cent while creating 9 million jobs this year
  • The central government will need to ensure economic growth of about 3 per cent and steady an economy badly damaged by the coronavirus, analysts say

Topic |   China GDP
China is relying on increased infrastructure spending to boost flagging growth, but that will not necessarily help small private businesses in the country. Photo: Reuters China is relying on increased infrastructure spending to boost flagging growth, but that will not necessarily help small private businesses in the country. Photo: Reuters
China is relying on increased infrastructure spending to boost flagging growth, but that will not necessarily help small private businesses in the country. Photo: Reuters
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