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China Aims for 7% Growth in New 5-Year Plan

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공표년도

창작년도

2011-03-05

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The Chinese government has issued an economic growth target of seven percent for the next five years -- a fast rate‚ but somewhat modest compared to recent years.
The forecast was part of China's 12th five-year plan which was submitted to the National People's Congress for approval.
In an address to the legislature's annual session‚ Premier Wen Jiabao said the top policy goal this year is curbing inflation.
In the past couple of decades‚ the Chinese economy has grown by double digits almost every year‚ but Wen noted that prices have risen quickly as well‚ and fears of inflation have increased.
In January‚ inflation rose by 4.9 percent.
The five-year plan also calls for the country to work toward "green growth‚" cutting the use of fossil fuels.
Reporter : devin@arirang.co.kr

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