China Sure to Meet Full-Year Economic Targets, Premier Says
- After three quarters of 6.7% growth, 2016 GDP target is safe
- Easy monetary policy and fiscal spending have supported growth
A Chinese national flag flies in Beijing, China, on Monday, March 2, 2015. China's annual meeting of the National People's Congress, which begins March 5 in Beijing, is expected to set government policies for the year on issues ranging from economic growth to military spending and pollution.
Photographer: Tomohiro Ohsumi/BloombergThis article is for subscribers only.
It’s mission accomplished for China’s economy.
China is confident it will achieve its major full-year targets and tasks, Premier Li Keqiang said at a seminar in Beijing, according to state media reports late Tuesday. China should stabilize and improve macro policies and will expand aggregate demand moderately, Li said. He called for steadying employment and promoting innovation.