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China to achieve annual economic growth target: official

Updated: Oct 21,2017 4:32 PM     Xinhua

The press center of the 19th National Congress of the Communist Party of China (CPC) holds a press conference on promoting the steady, healthy and sustainable development of Chinese economy, in Beijing, capital of China, Oct 21, 2017. Director He Lifeng (2nd L), vice-directors Zhang Yong (2nd R) and Ning Jizhe (1st R) of China’s National Development and Reform Commission attended the press conference.[Photo/Xinhua]

BEIJING — China’s economy is expected to attain or surpass the government’s annual growth target of around 6.5 percent this year, a chief economic planner said on Oct 21.

“The growth target of around 6.5 percent is expected to be fulfilled successfully, and it’s possible to achieve even better results,” said He Lifeng, head of the National Development and Reform Commission, at a news conference on the sidelines of the 19th National Congress of the Communist Party of China.

The country’s gross domestic product (GDP) value will exceed 80 trillion yuan ($12.1 trillion) this year, he said.

The economy has seen a stronger trend of steady growth with structural progress and positive outlook this year, he told reporters.

China’s GDP expanded 6.9 percent year on year to 59.3 trillion yuan in the first three quarters, holding steady from a 6.9-percent growth in the first half despite a slightly slower 6.8-percent increase in the third quarter, official data show.

The press center of the 19th National Congress of the Communist Party of China holds a press conference on promoting the steady, healthy and sustainable development of Chinese economy, in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

The press center of the 19th National Congress of the Communist Party of China holds a press conference on promoting the steady, healthy and sustainable development of Chinese economy, in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

A journalist asks questions at a press conference held by the press center of the 19th National Congress of the Communist Party of China in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

The press center of the 19th National Congress of the Communist Party of China holds a press conference on promoting the steady, healthy and sustainable development of Chinese economy, in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

He Lifeng, director of China’s National Development and Reform Commission, speaks at a press conference held by the press center of the 19th National Congress of the Communist Party of China in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

Zhang Yong, vice-director of China’s National Development and Reform Commission, speaks at a press conference held by the press center of the 19th National Congress of the Communist Party of China in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

Ning Jizhe, vice-director of China’s National Development and Reform Commission, speaks at a press conference held by the press center of the 19th National Congress of the Communist Party of China in Beijing, capital of China, Oct 21, 2017. [Photo/Xinhua]

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