China 2017 growth target 'around 6.5%': Premier Li

[Wireless News]

http://l1.yimg.com/uu/api/res/1.2/lcoR7BLkVFPk7G3AkoqLyA--/YXBwaWQ9eXRhY2h5b247aD04Njt3PTEzMDs-/http://media.zenfs.com/en_us/News/afp.com/3fdba4b78003b401e21efe80683c04a916a396f1.jpg (https://www.yahoo.com/news/china-sets-2017-growth-target-around-6-5-003758334--finance.html)China on Sunday trimmed its 2017 GDP growth target to "around 6.5 percent" as the world's second-largest economy, already expanding at the slowest pace in a quarter-century, faces an array of challenges. The target, detailed in a report to be presented to China's rubber-stamp parliament by Premier Li Keqiang beginning at 9 am (0100 GMT), was lower than last year's range of 6.5 to seven percent. Li's remarks said the target was still sufficient to meet the Communist Party's target of doubling the size of the economy by 2020, compared to 2010.



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