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China expects 2021 budget deficit at around 3.2% of GDP

Published 03/04/2021, 08:43 PM
Updated 03/04/2021, 08:45 PM
© Reuters. National People's Congress (NPC) in Beijing

BEIJING (Reuters) - China expects its 2021 budget deficit to be around 3.2% of GDP, Premier Li Keqiang said in his work report released on Friday at the start of China's annual session of parliament, the National People's Congress (NPC).

© Reuters. National People's Congress (NPC) in Beijing

Last year's budget deficit target was set at above 3.6% of GDP.

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