BEIJING (Reuters) – The Chinese government has set its 2021 economic growth target at more than 6%, Premier Li Keqiang said in his annual work report on Friday at the opening of this year’s meeting of parliament.
China did not set a gross domestic product target last year due to uncertainties arising from the pandemic.
The government has set its 2021 target for consumer price inflation at around 3% and its budget deficit goal of around 3.2% of GDP, Li said.
In 2020, China set an inflation target of around 3.5% and a budget deficit target of above 3.6%.
(Reporting by Kevin Yao and Judy Hua; Writing by Ryan Woo; Editing by Jacqueline Wong)