• China will strive to achieve positive economic growth this year - Premier Li

Market news

28 May 2020

China will strive to achieve positive economic growth this year - Premier Li

Reuters reports that China will strive to achieve positive economic growth this year, Premier Li Keqiang said on Thursday, adding that growth remained important even though the government had not set any target for the first time in years.

China does not need a massive stimulus but liquidity will be increased because "exceptional situations call for exceptional measures", Li said during his once-a-year news conference following the close of the annual meeting of parliament.

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