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MNI BRIEF: China Confident Will Reach GDP Target - NDRC

MNI (Beijing)

China can attain this year's economic growth target of 'around 5% in a high-quality manner', Zheng Shanjie, director of the NDRC said on Wednesday.

Zhang said the economy would benefit from a firmer foundation compared to last year, and the government would take measures to attract foreign investment and boost confidence for the private sector.

Additionally, the authorities will intensify sound macro regulation of the economy, and the country will benefit from the fiscal and monetary policy measures that were taken last year. (see MNI: China Seen Sustaining Fiscal Stimulus As Total Deficit Up)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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