Official: China's 5% growth target is supported by solid conditions

China targets economic growth of around 5% in 2024, according to a government work report released Tuesday. Huang Shouhong, head of the report drafting team and director of the State Council Research Office, said at a press briefing that the target is supported by solid conditions.

March 6, 2024

Chief drafter expounds on gov't work report

Huang Shouhong, head of the group for drafting the Chinese government work report this year, on Tuesday elaborated on the key points of the document and unveiled the process of its formulation.

March 6, 2024

Official: China's central SOEs to focus on strategic emerging industries, future industries

In an effort to promote industrial upgrading, China's centrally-administered state-owned enterprises (SOEs) should put strategic emerging industries and future-oriented industries in a prominent position, an official with the country's top state-asset regulator said Tuesday.

March 6, 2024

China's 5% GDP target in line with govt goals

The 5 percent growth target outlined in the annual Government Work Report is in line with China's aim to create 12 million urban jobs this year and turn itself into a mid-level developed economy by 2035, said head of the report's drafting task force on Tuesday.

March 6, 2024