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Economy

Overseas media reviews during China's two sessions (I)

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2018-03-07 16:43chinadaily.com.cn Editor: Gu Liping ECNS App Download

China's top legislative and political advisory body started its annual sessions, kicking off an important political season that will highlight new missions for the country's goal of a "great modern socialist country".[Special coverage]

The Government Work Report was delivered at the opening meeting of the first session of the 13th National People's Congress in Beijing on March 5.

China will continue to pursue stable economic growth this year, setting its GDP growth target at around 6.5 percent, according to the report.

As an opportunity for the world to watch China, let's take a look at what overseas media said.

Economic growth

The report added that the unchanged growth target was "fitting given the fact that China's economy is transitioning from a phase of rapid growth to a stage of high-quality development" and would allow it to "achieve relatively full employment".

China NPC: Economy growth target 'around 6.5%' in 2018 - BBC

Prime Minister Li Keqiang told the National People's Congress during the legislature's annual sitting that while growth remains strong amid the recovery in the global economy, China will focus on pressing ahead with its reform agenda.

China projects 6.5% growth in 2018 amid economic reform - Nikkei

The 6.5 percent goal is consistent with President Xi Jinping's promise to deliver a "moderately prosperous" society by 2020.

China Turns Fiscal Screws While Maintaining 6.5% Red Line on GDP - Bloomberg

Property market

The government will support people's legitimate needs for housing, the work report said, adding it will step up efforts to provide public rental housing, cultivate the rental market and push for the development of shared-ownership homes.

China aims to keep property market stable in 2018 - Reuters

 

  

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