China keeps economic growth target of around 6.5 percent this year


BEIJING (Reuters) – 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. Labourers walk outside a construction site in Beijing’s central business area, China February 4, 2018. Picture taken February 4, 2018. REUTERS/Jason LeeThe goal was kept unchanged even though the economy grew 6.9 percent last year, exceeding the government’s target. Sources previously told Reuters that China will maintain its growth target at“around 6.5 percent” this year as it seeks to reduce financial system risks while keeping the world’s second-largest economy stable. Reporting by Kevin Yao and Sue-Ling Wong; Writing by Ryan Woo; Editing by Kim CoghillOur Standards:The Thomson Reuters Trust Principles.
Source: Reuters