China
Growth target of over 6 percent not low: Chinese premier
  ·  2021-03-11  ·   Source: Xinhua News Agency

  

Chinese Premier Li Keqiang meets the press after the closing of the fourth session of the 13th National People's Congress at the Great Hall of the People in Beijing, capital of China, on March 11. Li took questions from Chinese and foreign reporters via video link (XINHUA)  

A growth target of over 6 percent in 2021 is not low considering the size of the Chinese economy, and the target is set to guide expectations to consolidate economic recovery foundation and pursue high-quality development, Premier Li Keqiang said during a press conference on March 11. 

The growth target is not set in stone and China may achieve even faster growth in its delivery, Li said.

Noting that the economy is growing on an incomparable base from last year and there is much uncertainty in global economic recovery, Li said that the target should be fully aligned with what the country can accomplish next year and the year after next so as to avoid wild swings in economic performance and keep market expectations stable.

"A growth too fast will not be a steady one. You need a steady pace to sustain China's development for the long run," he said.

China aims to expand its gross domestic product (GDP) by over 6 percent year on year in 2021, with more efforts on reform, innovation and high-quality development, according to the government work report approved by the national legislature Thursday.

In 2020, China emerged from the epidemic-induced slump with a 2.3-percent GDP growth, making it the world's only major economy to attain positive growth.

China
Opinion
World
Business
Lifestyle
Video
Multimedia
 
China Focus
Documents
Special Reports
 
About Us
Contact Us
Advertise with Us
Subscribe
Partners: China.org.cn   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CGTN   |   China Tibet Online   |   China Radio International   |   Global Times   |   Qiushi Journal
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860