Premier Li Keqiang confirmed at the National People’s Congress on Friday that China would not set an economic growth target for 2020. Photo: AFP

China GDP: economy facing perilous challenges even after Beijing abandons 2020 growth target

  • Premier Li Keqiang confirmed the news at the National People’s Congress on Friday, with China facing a potential recession in the second quarter amid the coronavirus
  • The decision to drop the economic growth target to focus on more tangible issues, including unemployment, shows the huge challenges facing China
Topic |   Two Sessions 2020 (Lianghui)
Premier Li Keqiang confirmed at the National People’s Congress on Friday that China would not set an economic growth target for 2020. Photo: AFP
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