National People’s Congress: China announces a bold economic goal for 2024
Premier Li Qiang made the announcement at the opening of the annual National People's Congress (NPC) on Tuesday.
Mr Li acknowledged that China's economic performance had faced "difficulties", adding that many of these had "yet to be resolved".
It comes as China struggles to reinvigorate its once-booming economy.
"Risks and potential dangers in real estate, local government debt, and small and medium financial institutions were acute in some areas," he said. "Under these circumstances, we faced considerably more dilemmas in making policy decisions and doing our work."
A series of other measures to help tackle the country's slow recovery from the pandemic were also announced, including the development of new initiatives to tackle problems in the country's crisis-hit property sec...