Li Qiang, the new Premier of China, said that achieving the five percent GDP target for the slowing economy is not an easy task and requires redoubled efforts. He acknowledged that achieving the 2023 GDP growth target of around five percent for this year on the current high base of China's economic output is not an easy task and requires redoubled efforts. He also pointed to signs of improvement, saying the economy will "break through the wind and waves and sail towards a brighter future.
