Friday, August 22, 2014   

(NPC) Growth target unchanged at 7.5 percent
(03-05 09:43)

China is targeting economic growth this year of “around 7.5 percent,’’ keeping the closely-watched marker at the same estimate as last year.
The announcement came in a speech to be delivered by Premier Li Keqiang to the annual session of the National People's Congress, the legislature.
The economy grew 7.7 percent in 2013.
“We must keep economic development as the central task and maintain a proper growth rate,'' Li said, according to the text of his speech released in advance.
“On the basis of careful comparison and repeatedly weighing various factors as well as considering what is needed and what is possible, we set a growth target of around 7.5 percent.''
Li also said the government would keep the consumer price index target at about 3.5 percent, the same as last year's.--AFP

   
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