Arab Today, arab today china targets 75 gdp growth
Last Updated : GMT 07:58:57
Arab Today, arab today
Arab Today, arab today

China targets 7.5% GDP growth

Arab Today, arab today

Arab Today, arab today China targets 7.5% GDP growth

Beijing - XINHUA

The Chinese government announced Tuesday that its GDP growth target will remain around 7.5 percent this year to leave room for economic restructuring. The target is intended to help create jobs and improve people\'s well-being, Premier Wen Jiabao said while delivering his last government work report to the opening session of 12th National People\'s Congress (NPC), China\'s top legislature. This marks the second consecutive year for the world\'s second-largest economy to target 7.5-percent growth. In 2012, the government cut its growth forecast from 8 percent for the first time in eight years. Wen warned of the profound and persisting impact of the global financial crisis, as well as the unstable recovery of the world economy, as major threats to China\'s economic growth. However, the premier cited the considerably increased capacity of China\'s manufacturing industry, significantly improved infrastructure, a high savings rate and a large workforce as favorable factors that will sustain development. \"In light of comprehensive considerations, we deem it necessary and appropriate to set this year\'s target for economic growth at 7.5 percent, a goal that we will have to work hard to attain,\" Wen told nearly 3,000 national legislators attending the NPC session. \"We must maintain a proper level of economic growth in order to provide necessary conditions for creating jobs and improving people\'s well-being. We must ensure that economic growth is in accordance with the potential economic growth rate,\" Wen said. China\'s economic growth eased further to a 13-year low of 7.8 percent in 2012 from 9.3 percent in 2011 and 10.3 percent in 2010. The country\'s GDP stood at 51.9 trillion yuan (about 8.3 trillion U.S. dollars) last year. Earlier in 2011, the government announced that it would target annual GDP growth of 7 percent from 2011 to 2015. Maintaining a slower growth target is intended to shift the government\'s focus toward accelerating the change of China\'s growth model restructuring the economy and improving the quality and performance of economic growth so as to promote sustained and healthy economic development, the premier noted.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china targets 75 gdp growth Arab Today, arab today china targets 75 gdp growth

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china targets 75 gdp growth Arab Today, arab today china targets 75 gdp growth

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday