ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China to target 8% growth for 2021 in post-pandemic bounce

Exports and private investment drive Beijing's bullish vision

A couple looks over the Beijing skyline. After the Chinese economy shrank in the first quarter of 2020, it is now set for a robust rebound.   © Reuters

BEIJING -- China's leadership plans to set its real economic growth target at about 8% for 2021, several government sources say, as the country nears a full recovery from the coronavirus-induced lull it suffered this year.

China's gross domestic product is estimated to have increased just about 2% this year due to the pandemic. But the government expects the economy to bounce back in full force next year on strong exports and a recovery in private-sector investment.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more