China sets 7% target growth rate for decade

Note: This section contains information in English only.
Source: Bloomberg
Сhina will seek 7% average annual GDP expansion through 2020, compared to more than 10% growth rate in a previous decade, according to China's Premier Li Keqiang. He added that urbanization and industrialization provides with a lot of potential for growth. This year's target is set at 7.5% as economy expanded 7.7% in the first quarter on an annualized basis.
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