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China premier says 7% growth goal was never cast in stone

Economic difficulties ahead for country should not be underestimated, adds Li Keqiang

Published Sun, Oct 25, 2015 · 09:50 PM

Beijing

CHINA has never said the economy must grow 7 per cent this year, Premier Li Keqiang said in comments reported by the government ahead of a key meeting this week that will set economic and social targets for the next five years.

Mr Li's comments coincide with remarks by a top central bank official, who said on Saturday that China would be able to keep annual economic growth at around 6-7 per cent over that period.

The statements come at a time of growing con…

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