China Sets This Year’s Economic Growth Target at ‘around 5%’
![](https://japannews.yomiuri.co.jp/wp-content/uploads/2023/03/AP23064040208407.jpg)
Delegates gather before the opening session of China’s National People’s Congress (NPC) at the Great Hall of the People in Beijing, Sunday, March 5, 2023.
10:29 JST, March 5, 2023
BEIJING (AP) — China’s government on Sunday set this year’s economic growth target at “around 5%” as it tries to rebuild business activity following the end of anti-virus controls that kept millions of people at home.
Premier Li Keqiang, the top economic official, announced the target in a report on government work to the ceremonial legislature, the National People’s Congress.
Chinese leader Xi Jinping said earlier this year’s official priority is an economic revival based on consumer spending after growth sank to 3% last year, its second-lowest level since at least the 1970s.
"News Services" POPULAR ARTICLE
-
FBI Identifies Thomas Matthew Crooks as ‘Subject Involved’ in Trump Rally Shooting
-
Donald Trump Whisked off Stage in Pennsylvania after Apparent Gunshots Rang Through the Crowd
-
Japanese Executive among 11 Arrested in Myanmar for Inflating Rice Prices
-
Japan’s Nikkei Reclaims 40,000 Level on Weak Yen, Foreign Buying (UPDATE 1)
-
U.S. President Joe Biden Drops Out of the 2024 Race after Disastrous Debate Inflamed Age Concerns
JN ACCESS RANKING