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Beijing sets 2023 GDP growth at over 4.5%: official

//english.dbw.cn  Author:  Source:Ecns.cn  Editor:Yang Fan  2023-01-16 11:41:40

Beijing will set its GDP growth target at over 4.5 percent for 2023, said the city's acting mayor Yin Yong as he delivered a government report at the annual session of the Beijing Municipal People's Congress on Sunday.

According to the report, Beijing will see the general public budget revenue increase by about 4 percent in 2023, keep the unemployment rate below 5 percent, maintain the annual inflation rate at around 3 percent, and ensure the economy has a similar gain for residents' income.