China’s new premier says ‘no easy task’ to hit GDP target

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China’s new premier says ‘no easy task’ to hit GDP target
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China’s new premier says ‘no easy task’ to hit GDP target FMTNews FMTBusiness

Chinese premier Li Qiang says they will need to redouble their efforts to reach the annual growth target of five percent.

“I’m afraid that reaching our growth target of around five percent will be no easy task, and will require that we redouble our efforts,” Li said at a press conference in the Chinese capital. He warned of “many new challenges” to growth, but added that he thought most people “don’t fix their sights every day” on China’s GDP figures.

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