Tag Archives: GDP

‘Resilient’ growth tops Q1 forecasts

China’s economy got off to a strong start in the first quarter, with GDP expanding at a higher-than-expected 6.9 percent year-on-year. The result, analysts said, has laid a solid foundation for the country to achieve its growth target of at least 6.5 percent this year.

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‘Realistic’ growth target set at about 6.5 percent

Premier Li Keqiang said on Sunday that China is setting a “realistic” economic growth target of “around 6.5 percent” of GDP, while the nation will “try to achieve better results”.

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Key areas for G20 economic reforms promoted

China is promoting priority areas and guiding principles designed for structural reform of G20 members, according to Finance Minister Lou Jiwei.

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Li says he’s confident of steady growth

Stable macroeconomic policies will boost the structural transformations and domestic demands that are now pillars of China’s economy, Premier Li Keqiang said at a State Council meeting on Monday.

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Economy stabilizing, figures show

Service industries, Internet businesses help fuel quarterly GDP increase of 6.7% year-on-year. Xin Zhiming, Wang Yanfei and Ma Si report. The Chinese economy is stabilizing, thanks primarily to growth in the service industries and Internet-based businesses, although the manufacturing sector remains weak, figures show.

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Minister addresses downgrade

Chinese Financial Minister Lou Jiwei said on Friday that the downgrading of China’s economic outlook “doesn’t reflect the reality” of the Chinese economy.

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