A view of the Lujiazui area in Shanghai Photo: VCG
China targets economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to a Government Work Report submitted Thursday to the country’s top legislature for deliberation.
The annual growth target was unveiled in the Government Work Report delivered by Premier Li Qiang to the National People’s Congress (NPC), the national legislature, which began its annual session on Thursday morning.
Over the next five years, China expects to keep its GDP growth within an appropriate range, with annual growth rates to be determined in light of actual conditions, according to the report.
This will lay a solid foundation for achieving the goal of doubling China’s 2020 per capita GDP by 2035 to reach the level of a moderately developed country, the report said.
The target of 4.5 percent to 5 percent economic…