0309 GMT - China's upcoming National People's Congress meeting is unlikely to introduce major stimulus or surprises, says UOB economist Ho Woei Chen. The brokerage expects China's GDP growth target to remain "around 5%" and the inflation target to be set at approximately 2%, down from 3% in previous years, given muted price pressures. UOB also forecasts a widened fiscal deficit target of 4.0% of GDP to allow for increased fiscal spending. China will likely to keep its focus on boosting consumer spending, promoting the private sector and advancing technological innovation to strengthen supply chain resilience, UOB says. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
February 27, 2025 22:09 ET (03:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。