(MENAFN) China to stick with this year's growth target of 7.5 percent for 2014 as top leaders balance the need to keep the economy on an even keel while pushing through necessary structural reforms, sources at top government think-tanks said, according to The Peninsula Qatar.
Growth will be supported by a steady recovery in China's exports next year due to the strong demand from developed economies, the commerce ministry's think-tank said.
The 2014 growth target was endorsed at the annual Central Economic Work Conference earlier this month, when top leaders pledged to maintain policy stability and reasonable economic growth at the closed-door meeting.
Top leaders believe that maintaining the 7.5 percent target will help keep growth humming to create more jobs, while providing wiggle room to deepen reforms, government economists involved in the discussions about the plans said.
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