China sets 2015 growth target at 7%

Friday, 06 March 2015 - 8:23

China, the world's second-largest economy, has set its growth target at about 7% for this year.

The announcement was made by Premier Li Keqiang at the start of the National People's Congress yesterday.

The target is lower than 7.5% set last year, which was missed after China grew at its slowest pace in 24 years.