China’s economic growth target for 2024 is about 5%, says Premier Li at opening of National People’s Congress

China’s economic growth target for this year is around 5%, in line with last year’s performance despite forecasts for a slowdown. Chinese Premier Li Qiang announced the plans on Tuesday, Mar. 5, before the National People’s Congress. The ruling Communist Party has said it is prioritizing efforts to encourage consumer spending to help drive the economy. (AP video: Tian Macleod Ji, Olivia Zhang, Wayne Zhang) (Mar. 5)

China’s economic growth target for this year is around 5%, in line with last year’s performance despite forecasts for a slowdown. Chinese Premier Li Qiang announced the plans on Tuesday, Mar. 5, before the National People’s Congress. The ruling Communist Party has said it is prioritizing efforts to encourage consumer spending to help drive the economy. (AP video: Tian Macleod Ji, Olivia Zhang, Wayne Zhang) (Mar. 5)

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