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Business / Economy

China keeps 2014 growth target at 7.5%

(Xinhua) Updated: 2014-03-05 08:46

China keeps 2014 growth target at 7.5%

BEIJING -- China targeted economic growth of around 7.5 percent in 2014, unchanged from last year, according to a government work report to be delivered by Premier Li Keqiang at the parliament's annual session Wednesday.

"On the basis of careful comparison and repeatedly weighing various factors as well as considering what is needed and what is possible, we set a growth target of around 7.5 percent," said the report, which came four months after a key meeting outlined a wide-ranging reform package last November.

This is the third consecutive year that the government put the goal at 7.5 percent as it looks to steer the economy onto a more sustainable path.

China keeps 2014 growth target at 7.5%

China keeps 2014 growth target at 7.5%

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