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China Keeps Growth Target of Around 6.5 Percent This Year

Mar 05 , 2018

China aims to expand its economy by around 6.5 percent this year, the same as in 2017, Premier Li Keqiang said in remarks prepared for delivery at the opening of the annual meeting of parliament on Monday.

The goal was kept unchanged even though the economy grew 6.9 percent last year, exceeding the government’s target, suggesting that Beijing is keeping its focus on reducing risks to the financial system from a rapid build-up in debt.
Sources previously told Reuters that China will maintain its growth target at“around 6.5 percent”.

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