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China Can Keep 5%-6% Annual Growth in 2021-2025: Herald

CHINA PRESS

China is "fully capable" of keeping its economy growing at 5% to 6% each year during 2021-2025 under the government's 14th Five Year Plan as the resilient economy and strong industrial structure overcomes the pandemic, the 21st Business Herald reported on Wednesday citing Peng Sen, the chairman of the China Society of Economic Reform and a former NDRC vice chairman. China will focus on reform of market elements such as land, labor and capital to ensure high quality of growth rather than focusing purely on the rate, Peng said.

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