(Two sessions) China skips setting growth target for this year

China | 22 May 2020 9:20 am

China will not  set an economic growth target for 2020 due to the coronavirus pandemic
and global uncertainties according to a work report being present by Premier Li Keqiang to the National People's Congress session in Beijing.

The third session of the 13th National People's Congress opened today in the capital.

Li said China will fully and faithfully implement 'One Country, Two Systems,' under which the people of Hong Kong and Macau govern with a high degree of autonomy.

Referring to the economy Li said there are huge uncertainties about global trade and the economy," and "unpredictable factors in development."

In 2019, China’s economy grew by 6.1 percent and major progress was made in reform and opening up.

Premier Li said decisive achievements were made in poverty alleviation. The rural population living in poverty is down by 11.09 million

 China has also made "major strategic
achievements" in its response to the coronavirus outbreak, Premier Li said.
"At present, the epidemic has not yet come to an end, while the tasks we face in promoting development are immense," he told thousands of delegates.

China its consumer inflation target at around 3.5 percent for 2020.

 

Search Archive

Advanced Search
June 2020
S M T W T F S

Today's Standard



Yearly Magazine

Yearly Magazine