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China Sets 6.5% to 7% Growth Target, First Range Since 1990s

  • NDRC chief says downward pressure on growth `relatively big'
  • 2015 expansion of 6.9% was in line with objective of about 7%
Bloomberg business news

China Sets 6.5% to 7% Growth Target

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China set a range for its economic growth target for the first time in two decades, saying the world’s second-largest economy would expand 6.5 percent to 7 percent this year, slower than last year’s goal of about 7 percent.

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