Economists consider China’s target of around five percent growth for 2024 ambitious but achievable. „It should not be seen as a forecast, but as a signal figure,“ Doris Fischer, Professor of China Business and Economics at the University of Würzburg, told Table.Briefings. Premier Li Qiang wants to convey to the public that the government is trying to get the problems under control. According to Fischer, he aims to restore confidence in the economy and economic policy.