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China Approves New Five-Year Plan as Li Reassures on Economy

Mar 17 , 2016

China's Premier Li Keqiang has said China's economic growth will stay on track, as the annual meeting of parliament draws to a close.

The National People's Congress ended with the adoption of a new five-year plan for the economy, aiming for 6.5-7% growth a year by 2020.

Measures include cutting high debt, streamlining state-owned enterprises, and reforming financial markets.

China has been facing a period of slower growth and market volatility.

FULL STORY HERE

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