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Reuters
Reuters
Business

China will strive to achieve economic improvement - President Xi

FILE PHOTO: People walk past restaurants in a shopping area in Beijing, China February 3, 2023. REUTERS/Tingshu Wang

China will strive to achieve overall improvement in economic operations, further guide business entities to strengthen confidence and stabilize expectations, state radio cited President Xi Jinping as saying on Tuesday.

The world's second-largest economy grew 3% in 2022 from a year earlier, badly missing the official target of around 5.5% and hitting one of its worst rates in nearly half a century.

(Reporting by Liangping Gao and Kevin Yao; Editing by Andrew Heavens)

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