China’s economy may face a more challenging environment this year but the government is nevertheless confident of achieving its key 2019 targets, Vice Premier Han Zheng said on Sunday.
Han, speaking at the China Development Forum, reiterated that China will further deepen market-oriented reforms and open up its economy. He also said China’s imports of goods are expected to exceed $12 trillion in the next five years, reports Reuters.
China targets economic growth of between 6 per cent and 6.5 per cent for the year, compared with 6.6 per cent growth last year.