China is certain to hit the government's economic growth target of 7.5 percent for 2012 and could even exceed it, Commerce Minister Chen Deming said on Wednesday. Chen made the comment at a conference, adding that China would likely spend more than $70 billion this year on non-financial outbound direct investment. "In the first three quarters, China's economy has grown 7.7 percent from a year ago, therefore, it is for certain that we can achieve the annual GDP target of 7.5 percent or above, " Chen said in a speech. The minister's remarks on growth echo those made by an official from the National Bureau of Statistics in October when economic data for the third quarter revealed annual growth...
0 Responses to China’s 2012 Growth May Better Official Target, Says Minister