Xi says economy can double as China lays out ambitious plans ...United Arab Emirates

Chinese President Xi Jinping said the economy can double in size by 2035 and the country can reach high-income status in the next five years as the Communist Party outlined ambitious plans for the nation's future. "It is entirely possible to reach the high-income country status by current standards by the end of the 14th Five-Year Plan, and to double the total economic output or per capita income by 2035," Xi said in a speech to the party's Central Committee, according to state media Xinhua. Based on a rough estimate, doubling economic output by 2035 would mean an annual growth rate of nearly 4.7%, said Hong Hao, chief strategist for Bocom International in Hong Kong. "This is ambitious, as

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Xi says economy can double as China lays out ambitious plans ...United Arab Emirates

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