The Traderszone Network

Published in TZ Latest News 17 July, 2014 by The TZ Newswire Staff

GDP growth of slightly lower than 7.5 percent acceptable: China premier

SHANGHAI/BEIJING (Reuters) – Chinese Premier Li Keqiang said economic growth of slightly higher or lower than 7.5 percent this year would be acceptable as long as there was higher employment and wages, the official Xinhua news agency reported late on Thursday. Economic growth should create jobs, raise people’s incomes, save energy and be good for the environment, Xinhua quoted Li as saying at an economic symposium on Tuesday. In March, the government set an economic growth target of around 7.5 percent for 2014, along with an inflation target of around 3.5 percent.

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