China sets new growth target as it looks to recover from pandemic


Source: belfasttelegraph.co.uk belfasttelegraph.co.uk

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A man drives a scooter past a large video screen showing the opening session of China’s National People’s Congress in Beijing (Andy Wong/PA) — © Andy Wong China’s government 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...