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International Business Times
International Business Times
World
Jing Xuan TENG

China's Leaders Set Five Percent Growth Goal For 2024

The first of the "Two Sessions" has already begun: the Chinese People's Political Consultative Conference kicked off on Monday afternoon (Credit: AFP)

China on Tuesday set a growth target of five percent, in line with last year's GDP but a far cry from the double-digit expansion that for years drove the world's second-largest economy.

A year after the anointing of President Xi Jinping for a historic third term, the goals and budget will follow the opening of a meeting of the National People's Congress (NPC), which began at 9 am (0100 GMT).

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