Thread by @Sino_Market

#BREAKING
⭐CHINA SETS 2021 GDP GROWTH TARGET AT ABOVE 6%, AIMS TO ADD MORE THAN 11M URBAN JOBS IN 2021.
#China #NPC #两会 #Twosessions

https://twitter.com/Sino_Market/status/1367640431371059200

CHINA TARGETS SURVEYED JOBLESS RATE AT 5.5% IN 2021, TARGET 2021 CPI GROWTH AT ABOUT 3%.
REITERATES MONETARY POLICY TO BE PRUDENT
#China #unemployment #CPI #twosessions2021
🇨🇳

CHINA PLANS 2021 BUDGET DEFICIT AT 3.2% OF GDP VS 3.6% A YEAR AGO.
#GDP #DEFICIT #China #NPC🇨🇳

China will cut the energy consumption per unit of GDP by around 3%.
#OOTT #China #Twosessions #两会 🇨🇳

China will keep growth at an appropriate range in 2021-2025. The government will support the innovation and development of platform companies, will enhance the monopoly measures and strengthen the #fintech supervision on financial holding companies.
$BABA #Tencent #TwoSessions 🇨🇳

China will properly resolve the local government risks, and push for a further drop in lending rates.
Li stressed that the government will not make any sharp turns in macro-economic policy.
#China #economy #NPC #Twosessions
More info will be updated in the thread⬆️

🌟China aims to achieve an "appropriate" birth rate in 2021-2025
#China #birthrate

#BREAKING
⚠️China will make a work plan for carbon peak before 2023 this year, and will cut the energy use per unit of GDP by 13.5% by 2025.
China's PM Li says the government will make steps to further develop nuclear energy.
#OOTT #China #energy #carbon #nuclear

China will stop the issuance of the special government bond for pandemic in 2021.
The government will push forward the R&D for COVID19 vaccines and will deliver free vaccines for the nationals.
#China #TwoSessions #两会 🇨🇳

China will actively consider joining CPTPP and accelerate the free-trade talks with Japan and South Korea.
#China #trade #Japan #SouthKorea 🇨🇳🇯🇵🇰🇷
#geopolitics

The Chinese government plans to issue 820 billion yuan of general local government bonds in 2021.
#China #Twosessions 🇨🇳

The Chinese government aims to boost the urbanization rate to 65% in 2021-2025, the #5G user penetration rate will reach 56% in 2021-2025.
Also, the government vows to speed up setting #bigdata center systems in 2021-2025.
#China #tech

The Chinese government aims to boost the urbanization rate to 65% in 2021-2025, the #5G user penetration rate will reach 56% in 2021-2025.
Also, the government vows to speed up setting #bigdata center systems and participate in setting intl #digital standards.
#China #tech

China continues supply-side structural reform of the steel sector and promotes mergers, reorganization, upgrading in steel.
#steel

China to maintain the stable output of crude oil, natural gas.
China to boost non-fossil fuels at 20% of energy use and nuclear power capacity to 70gw by 2025.
#OOTT #naturalgas #nonfossil #nuclearenergy

China to boost crude oil, natural gas reserves over 5 years.
#OOTT #oil #naturalgas

Wang, the Vice Chairman of China's National People's Congress, confirms that China will revise the election rules for Chief Executives and LegCo.
#HongKong #Legco 🇨🇳🇭🇰

⭐️China to promote legislation of property tax in 2021-2025.
#property #realestate #tax

China is capable to achieve 2021 GDP target: NDRC head.
#China #GDP

China to develop EDAS and 3rd-gen chip material over 5 years.
#chip #EDAS #semiconductor

An official of the State Council, China didn't set the 2020 GDP growth target for the pandemic. The 2021 target is set upon 3 factors: the Chinese economy had been recovering since 202Q, the economy can grow faster on a low base, and the financial plan need stability.