China sets GDP growth rate at over 6 percent for 2021: Premier Li

2021-Mar-6       Source: CCTV.com

China has set its GDP growth rate at over 6 percent for 2021 as its economic recovery gathers steam, and will devote full energy to promoting reform, innovation and high-quality development, Premier L

China has set its GDP growth rate at over 6 percent for 2021 as its economic recovery gathers steam, and will devote full energy to promoting reform, innovation and high-quality development, Premier Li Keqiang said Friday while delivering the report on the government's work at the fourth session of the 13th National People's Congress.

The government is forecasting the creation of over 11 million new urban jobs this year, with an unemployment rate under 5.5 percent. On inflation, it expects the Consumer Price Index to increase by around 3 percent as well as steady growth in personal income. A drop of around 3 percent in energy consumption per unit of GDP is projected, along with a further improvement in the environment.

The country will continue to expand domestic demand and pursue higher-standard opening up, according to the report.

Source | CGTN

Editor: Fanny

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