China Sets Growth, Inflation Goals
China Premier Li Keqiang says the country is targeting economic growth and inflation limits of 7.5% and 3.5%, respectively, this year.
#economics
China Premier Li Keqiang says the country is targeting economic growth and inflation limits of 7.5% and 3.5%, respectively, this year. Both goals were widely expected.
China's economy has been expanding at an annual rate of about 7.7% over the past two years. Analysts say the slightly lower growth target for 2014 reflects a conservative estimate, although many observers expect the country's growth rate to ease this year.
Li tells China's National People's Congress that the government will take unspecified steps to increase personal income and control the country's speculative property market.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.