China’s government on Sunday set this year’s economic growth target at “around 5%” as it tries to rebuild business activity following the end of anti-virus controls that kept millions of people at home.
Premier Li Keqiang, the top economic official, announced the target in a report on government work to the ceremonial legislature, the National People’s Congress.
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Chinese leader Xi Jinping said earlier this year’s official priority is an economic revival based on consumer spending after growth sank to 3% last year, its second-lowest level since at least the 1970s.