China | NPC starts tomorrow, what are the main takeaways?
Published on Friday, March 4, 2016
China | NPC starts tomorrow, what are the main takeaways?
Summary
The annual plenary session of China's NPC starts on March 5. The meeting is one of the most important events on China’s political calendar. In this Flash, we cover the main takeaways, including targets for 2016: 6.5%-7.0% growth, 3% CPI, 13% M2 expansion; revved up expectations of further monetary as well as fiscal stimulus; and details on China's 13th Five Year Plan.
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Carlos Casanova
Le Xia
BBVA Research - Chief Economist