Achieving its 7 per cent economic growth target is no easy feat, Premier Li Keqiang said, noting that the government recognised the presence of “considerable downward pressure” on China’s growth.Li, during a press conference at the Great Hall of the People here yesterday, told reporters that China’s 2015 target was equivalent to a medium-sized economy.“China’s economic development has entered a ‘new normal’. We are anticipating an approximate 7 Per cent of gross domestic product (GDP) target this year.“We have adjusted it (from last year’s 7.5 per cent), but it will by no means be easy for us to achieve,” he …read more
Source: The Jakarta Post
