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China's economy to achieve 2015 growth target
(MENAFN) China can achieve its economic growth target set for 2015 thanks to a package of measures aimed at stabilizing growth and boosting the world economy, Xinhua reported.
The official growth target for the world's second-largest economy was set at around 7 percent by the Chinese government in March at the annual session of the National People's Congress.
Consumption is contributing more to China's economy although investment growth has declined, said Yu. Consumption contributed 51.2 percent to gross domestic output (GDP) growth last year.
The official growth target for the world's second-largest economy was set at around 7 percent by the Chinese government in March at the annual session of the National People's Congress.
Consumption is contributing more to China's economy although investment growth has declined, said Yu. Consumption contributed 51.2 percent to gross domestic output (GDP) growth last year.
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