China’s Economic Growth Could Exceed Target, Premier Li Says

China’s economic growth this year could exceed a target of “above 6%,” with the government seeking stable expansion and job creation, Premier Li Keqiang said Monday in a meeting with foreign business executives.

“We need to seek a balance between growth, income, and employment, and we cannot pursue economic growth based on high energy consumption and heavy pollution,” Li said, according to a statement from the State Council. China needs growth in employment and income, and will have to work more on boosting domestic demand and consumption, he said.