Economy

China announces ‘over 6%’ economic growth target, tech plans

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China’s top economic official announced a healthy growth target for the nation and its plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong Kong and human rights.

The ruling Communist Party is aiming for the economic growth of “over 6 per cent” as it rebounds from the coronavirus pandemic, Premier Li Keqiang said in a report to China’s ceremonial legislature Friday.

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China became the only major country to grow last year, eking out a 2.3 per cent expansion after the then-unprecedented step of shutting down most of its economy to fight the coronavirus.

Li also announced plans to accelerate technology development that communist leaders see as a path to prosperity and greater global influence.

This story has been published from a wire agency feed without modifications to the text.

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