Date
17 August 2017
Premier Li Keqiang says China will keep its macro-control policies and allow the market to play a bigger role in the economy. Photo: Bloomberg
Premier Li Keqiang says China will keep its macro-control policies and allow the market to play a bigger role in the economy. Photo: Bloomberg

Li Keqiang says GDP growth around 7.5% acceptable

Chinese Premier Li Keqiang said economic growth slightly above or below 7.5 percent this year is acceptable if employment and wages are higher, Reuters reported Thursday 

Economic growth should create jobs, raise people’s incomes, save energy and protect the environment, the reported citing state news agency Xinhua.

Li said Beijing will keep its targeted macro-control policies and allow the market to play a bigger role.

Earlier Li forecast the economy would grow by at least 7.5 percent this year despite a weak start, reinforcing expectations of more government stimulus.

The economy grew 7.5 percent in April-June from a year earlier, the statistics bureau said on Wednesday, just ahead of a median forecast of 7.4 percent in a Reuters poll.

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