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Bloomberg
China will reach its target of economic growth of 6% to 6.5% in 2019, said National Bureau of Statistics (NBS) head Ning Jizhe, just days before the official release of data on gross domestic product from last year.
China remains the world’s fastest-growing economy larger than $10 trillion, he said at a forum on Saturday, according to a report from the Securities Times. The remarks come as the planned signing of a phase-one trade deal with the US in Washington next week brightens the outlook and dispels uncertainties over economic expansion.
The nation was set to announce fourth quarter and full year GDP . While growth slowed to 6% in the third quarter, manufacturing figures over the past months have displayed signs of stabilising, signals a cyclical slowdown is likely drawing to a close.