China sets slightly lower annual GDP growth target
The Chinese government on Sunday (Mar 5) set a slightly lower annual economic growth target compared with last year’s goal, as the world’s second-biggest economy began to emerge from three years of severe COVID-19 restrictions. China has set its 2023 growth target for its economy at about 5 per cent, according to a government work report released at the opening of the country’s annual meeting of parliament on Sunday. That compares with its 2022 target of about 5.5 per cent. The Chinese economy expanded 3 per cent last year, significantly missing the 2022 target and marking one of the slowest rates of growth in almost
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