March 5 (Reuters) - China unveiled its key economic targets for 2018 on Monday at the opening of the annual meeting of parliament. Below are the targets compared with 2017 targets and actual performance, along with some analysts' forecasts for 2018 levels. To read the full story, see
2018 TARGET 2017 TARGET 2017 ACTUAL ANALYSTS' 2018 EXPECTATIONS GDP GROWTH 7/86.5 pct 7/86.5 pct 6.9 pct 7/86.5 pct CPI INFLATION 7/83.0 pct 7/83.0 pct 1.6 pct 3.0 pct FISCAL DEFICIT 2.6 pct 7/83.0 pct 2.9 pct* 3 pct or slightly
M2 growth ** 7/812.0 pct 8.2 pct 10 pct or lower Outstanding ** 7/812.0 pct 12.0 pct 10 pct or lower
Retail sales 7/810 pct 7/810.0 pct 10.2 pct N/A
* Some analysts estimate the actual deficit was above 3 percent last year
** Premier Li Keqiang said he expects reasonable growth in broad M2 money supply and total social financing this year, without stating a target. The National Development and Reform Commission, the state planner, said in a separate report that outstanding total social financing (TSF) and M2 growth will grow at a similar pace this year as in 2017.
(Asia Treasury Desk)