China is confident of achieving its 2023 economic growth target as the economy picks up, the vice head of the state economic planner said on Monday, after China set a modest growth target of around 5 percent for this year. | Reuters
Domestic stock indexes opened subdued on Monday after the world’s second-biggest economy did not set itself a more ambitious growth target this year as it kicked off the annual session of its National People’s Congress.Thanks to changes in COVID-19 prevention and control policies, the recovery in mobility for people and goods is speeding up, Zhao Chenxin, deputy head of the National Development and Reform Commission , told a news conference on Monday.
“China’s economy is steadily improving,” Zhao said, adding they are “full of confidence” in achieving the 2023 economic growth target.
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