China to put growth before reform ambitions amid slowdown fear


  • World
  • Tuesday, 13 Oct 2015

People fly kites at a park in front of commercial towers, including the 115-storey Ping An International Finance Centre (L), which is under construction, in Shenzhen, China August 3, 2015. REUTERS/Bobby Yip

BEIJING (Reuters) - Chinese leaders will signal that growth is their priority over reform for the world's second-biggest economy by setting a growth target of around 7 percent in their next long-term plan even as the economy loses momentum, policy insiders say.

The Communist Party's central committee will meet from Oct. 26-29 to set out their 13th Five-Year plan, a blueprint for economic and social development between 2016 and 2020.

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