Beijing ¨C China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year as the world¡¯s second-biggest economy planned a careful course out of a year disrupted by COVID-19.
In 2020, China dropped a gross domestic product growth target from the premier¡¯s work report for the first time since 2002 after the pandemic devastated its economy. China¡¯s GDP expanded 2.3% last year, the weakest in 44 years but making it the only major economy to report growth.
¡°As a general target, China¡¯s growth rate has been set at over 6% for this year,¡± Premier Li Keqiang said in his 2021 work report. ¡°In setting this target, we have taken into account the recovery of economic activity.¡±
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