From xinhua via China Daily:
China plans to gear down its economic growth to eight percent in 2007 from 10.7 per cent in the previous year, said Chinese Premier Wen Jiabao Monday.
“The most important task for us is to promote sound and fast economic growth,” said the premier in a government work report delivered to 2,890 lawmakers from around the country at the opening meeting of the Fifth Session of the Tenth National People’s Congress (NPC), China’s top legislature. “We need to greatly improve the quality and efficiency of economic growth,” said the report.
The target was set after taking into consideration all factors, along with goals of employment and increase in consumer prices among others, according to the report.[Full Text]
