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China Sets 2017 Growth Target of '6.5 Percent or Higher'

by Associated Press

   BEIJING --

   China's government expects economic growth for this year of "around 6.5
   percent or higher if possible," down from last year's 6.7 percent
   expansion but among the fastest in the world.

   A government report Sunday said the target was in line with efforts to
   overhaul industry and create a "moderately prosperous society."

   Chinese growth has declined steadily since 2010 as communist leaders
   try to develop a consumer-driven economy and reduce reliance on trade
   and investment.

   Sunday's report also called for more job creation, stronger exports and
   better energy efficiency.