PLMR today publishes an overview of China’s economy in the first quarter of 2020 highlighting the scale of the impact of COVID-19


Since 1992, on a quarterly basis China publishes the country’s economic statistics and GDP results. These results offer domestic and international audiences an indication of the pace and scale of China’s growth. Measures of economic growth are integral to China’s key strategies and policy goals and serve as a gauge for their success. Over the past few years, Xi Jinping has championed a transition of China’s economy, from one of fast-paced growth to one of high-quality growth and this has brought with it a debate regarding the role of GDP targets and results.

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