Challenges ahead: Job seekers looking at job postings at a recruitment fair in Qingdao, in China’s eastern Shandong province. China acknowledges it faces tough challenges but says it will keep its economy expanding at least 6.5 on average over the next five years while pushing hard to create more jobs and restructure state-owned enterprises. — AFP
BEIJING: China’s economy isn’t headed for a hard landing and isn’t dragging on the global economy, China’s top economic planner said, but uncertainty and instability in the global economy do pose a risk to the country’s growth.
China on Saturday acknowledged it faced tough challenges but said it would keep its economy expanding at least 6.5% on average over the next five years while pushing hard to create more jobs and restructure state-owned enterprises.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
