China sets 5% growth target
Economists question whether government can achieve GDP goal, given weakness in economy
China’s premier Li Qiang today (March 5) announced that the country’s GDP growth target for 2024 would be around 5%. However, analysts have said it remains unclear how the government can achieve this, given the weakness in the economy.
Li announced the target while delivering his first work report at the annual meeting of China’s legislature, the National People’s Congress. He said the government also aimed to get consumer inflation to around 3%, create more than 12 million urban jobs and keep
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