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Radio France Internationale
Radio France Internationale
World
RFI

China's "parliament" sets this year's economic growth target at 'around 5%'

Chinese officials and delegates attend the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 5, 2023. REUTERS - THOMAS PETER

China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society.

Premier Li Keqiang, the top economic official, set this year's growth target at “around 5%” following the end of anti-virus controls that kept millions of people at home and triggered protests. Last year's growth in the world's second-largest economy fell to 3%, the second-weakest level since at least the 1970s.

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