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China announces "over 6%" economic growth target, tech plans

China’s top economic official has announced a healthy growth target and plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong Kong and human rights

Via AP news wire
Thursday 04 March 2021 20:20 EST
China Congress
China Congress (Copyright 2021 The Associated Press. All rights reserved)

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China’s top economic official announced a healthy growth target for the nation and its plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong Kong and human rights.

The ruling Communist Party is aiming for economic growth of “over 6%” as it rebounds from the coronavirus pandemic, Premier Li Keqiang said in a report to China’s ceremonial legislature Friday.

China became the only major country to grow last year, eking out a 2.3% expansion after the then-unprecedented step of shutting down most of its economy to fight the coronavirus.

Li also announced plans to accelerate technology development that communist leaders see as a path to prosperity and greater global influence.

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