Discover and read the best of Twitter Threads about #GDPtarget
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China abandons GDP target for first time in decades. Historical decision, significance goes beyond current COVID-19 crisis. (1/5) #GDP #China #TwoSessions
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Very wise to drop GDP target. Many, including Liu He, probably want to see it disappear permanently. But GDP target much more than a policy goal. GDP growth = foundation CCP's legitimacy for over 30 yrs. Scrapping 2020 target also affects CCPs long-term promises and goals.. (2/5)
What is next? Do GDP targets (including long term 2020-target) permanently disappear? Simply postpone achieving 'moderately prosperous society' for 1 year? Or further redefine this long-term goal? Shift to (more) environment, health, well-being targets? (3/5)
