China Stimulus Plan 2024. China's 5% economic growth target for 2024 announced this week is ambitious and can be achieved if backed by further stimulus measures in monetary,. China's parliament is expected to unveil moderate stimulus plans aimed at stabilising growth at an annual meeting beginning on tuesday, but may disappoint those.
The government is targeting gross domestic product growth of around 5% for 2024 — the same rate as last year, premier li qiang announced. While the government stimulus is keeping confidence levels in china’s economy high and promoting its recovery, some contend that it conceals serious.
