China’s National People’s Congress Begins Annual Meeting | News | DW.COM | 05.03.2017
China’s National People’s Congress begins annual meeting | News | DW.COM | 05.03.2017
China’s ruling communist party’s National People’s Congress (NPC) has started its annual session. The opening speech from premier Li Keqiang focused on economic growth, pollution, and infrastructure spending.
In remarks prepared for his delivery to the 3,000 delegates at the opening session of the NPC on Sunday, premier Li Kegiang said the economy would expand by about 6.5 percent in 2017. China targeted growth of 6.5 to 7 percent last year.
Gross domestic product grew 6.7 percent in 2016, the slowest in 26 years.
China plans to invest in railway construction, highway and waterway projects:
The 2017 target for broad money supply growth was cut to around 12 percent from …