People wearing protective masks visit a main shopping area in Shanghai, China January 21, 2022. REUTERS/Aly Song/Files
March 7, 2022
BEIJING (Reuters) – China’s economy remains resilient despite rising uncertainties caused by the Ukraine crisis, the country’s state planner said on Monday.
China will enhance policy coordination and speed up the roll-out of policies favourable for growth, Lian Weiliang, a vice head at the National Development and Reform Commission, told a news conference.
Beijing has targeted slower economic growth of around 5.5% this year amid an uncertain global recovery and a downturn in the country’s vast property sector.
(Reporting by Kevin Yao and Stella Qiu; Editing by Tom Hogue)
Source: One America News Network
