China is aiming for an economic growth rate above 6% in 2021, after scrapping its target last year. It was the only major economy last year to report a positive growth, with an expansion of 2.3%. Chinese leaders in 2010 pledged to double China’s GDP by 2020, and the 13th Five Year Plan includes annual economic growth targets of at least 6.5% through 2020 to achieve that goal. China is aiming for an economic growth rate above 6% in 2021, after scrapping its target last year. 'The tone is very conservative.' China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. China has set its 2021 economic growth target at more than 6%, Premier Li Keqiang said in his annual work report on Friday. It's China's slowest annual growth rate in decades — not since 1976 has the country had a worse year, when GDP shrunk 1.6% during a time of social and economic tumult. The country's official economic figures are often doubted for their accuracy. Chinese leaders announced that the world’s second-largest economy intends to keep consumer price inflation at around 3% and seeks a budget deficit goal of about 3.2% of GDP. Now it says it needs to pick up the pace this year. China's Premier Li Keqiang announced the target … China reported GDP growth of 2.3% last year — the only major economy to expand amid the coronavirus pandemic. China sets GDP target of more than 6% in 2021 China bucked the global recession in 2020, and in doing so narrowed the economic gap with the … China has set a modest annual economic growth target, at above 6 percent and pledged to create more jobs in cities than last year, as the world’s second-biggest economy emerged from … China had not set a GDP target last year owing to uncertainties from the COVID-19 pandemic. The ruling Communist Party is aiming for economic growth of “over 6%” as it rebounds from the coronavirus, Premier Li Keqiang said in a speech to China’s ceremonial legislature. In a bold taunt, Saudis warn America’s frackers: ‘Drill, baby, drill is gone forever’