China’s Premier Li says achieving growth of around 7 pct not easy | Reuters

SHANGHAI China's Premier Li Keqiang said that with the global economic recovery losing steam, achieving domestic growth of around 7 percent is "not easy", according to a transcript of his remarks posted on the website of the State Council, China's cabinet. Nonetheless in his comments, made at a recent meeting with senior provincial officials, the premier said that continued strength in the labour market and services were reasons for optimism, despite the headwinds facing the manufacturing sector. "As long as employment remains adequate, the people's income grows, and the environment continuously improves, GDP a little higher or lower than 7 percent is acceptable," the premier said in the comments posted on Saturday.

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