News says Twelve-Five China's economic growth target may be lowered to 7%

News says Twelve-Five China's economic growth target may be lowered to 7% bcc net Beijing December 28 News According to the economic voice of the financial morning newspaper, recently, reporters from the participation in the development of "Twelve-Five planning outline" of the authority to understand that the initial preparation of the completion of the "Twelve-Five Planning outline"　　Will consider lowering China's economic growth target for the next five years from 7.5% to 7% for the "Eleven-Five" period.　　Citigroup on September 24 predicted that China's "Twelve-Five" plan is likely to reduce economic growth target from "Eleven-Five" 7.5% to 7%. The people said that because of the "Twelve-Five" period, the goal of China's economic development will dilute the growth rate of GDP, instead of emphasizing structural adjustment, restart the 2008 was interrupted by the world financial crisis the road of structural transformation has become a consensus, so as the country's next 5 years of economic and social development guidelines of the "five-year plan It is not appropriate to continue to use the "Eleven-Five" period of 7.5% GDP growth rate, so consider a reduction to 7%.　　Of course, this goal will have to be discussed and finalized, the "two sessions" held in March next year, the discussion was formally established.　　In any case, the real growth rate in the future will still be higher than the target of the five-year plan, the people said.　　Zhou Donghai, a senior macro analyst at China Securities, said in an interview that real GDP growth in the next 5 years is expected to grow at an annual rate of 9.3% to 9.6%. Zhou Donghai said that from now on, the central policy tone has been put in the transformation of economic development mode, the future resumption of the previous decade of high growth is unrealistic. However, both in terms of population structure and the current level of development of China's economy, they do not support the expectation of a sharp decline in economic growth over the next five years.　　We think the growth rate will be between 9.3% and 9.6%, the normal situation tends to be close to 9.6%, and if the global economy falls into a new recession again, it may be close to 9.3%.　　The authorities told reporters that the planned annual economic growth rate of "XV" is 7%, real growth is 9.8%; "Eleven-Five" the rate is 7.5%, actually about 10.9%. The National Development and Reform Commission director Zhang Ping said December 14, the central economic work will be clear 2011 GDP growth target of about 8%.