Growth target a sign of confidence, experts say

Country pledges proactive fiscal policy this year, says Government Work Report

By WANG KEJU, LIU ZHIHUA and ZHOU LANXU | CHINA DAILY | Updated: 2024-03-06 07:56

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President Xi Jinping (center), who is also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, and other leaders attend the opening meeting on Tuesday of the second session of the 14th National People's Congress at the Great Hall of the People in Beijing. [Photo/Xinhua]

China has set an annual economic growth target of around 5 percent for 2024, unchanged from the previous year and a goal that analysts and executives said is feasible, as the country maps out intensified and targeted macro support policies to anchor the world's second-largest economy and contribute to global economic recovery.

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