Chinese Premier Li Keqiang is confident that China will meet its annual growth target of 7.5% for 2014, Reuters reported. Writing in Britain’s The Times newspaper on the eve of his visit to London on Monday, Li said slowing growth in the world’s second-largest economy was normal and not a problem. “China’s economy needs to grow at a proper rate, expected to be around 7.5% this year,” Li wrote. “It is slower than the past, but normal.” Li also wrote that the Chinese government was ready to adjust policy to make sure it does hit the target.
Categories