China will meet its 2016 annual target of 6.5-7%: NBS head

Updated 2016-12-26 16:01:41 Global Times

The head of the National Bureau of Statistics (NBS) said China should have no problem hitting its 2016 economic growth target, domestic media reported on Monday.

NBS head Ning Jizhe also said next year's growth rate will come within a rational target, domestic news portal sina.com reported.

The consistently stable growth of the first three quarters of 2016, which is representative of the year's economic performance, has created a solid foundation for the country to hit its annual target, Ning said.

China's economy expanded by 6.7 percent over the first three quarters of the year, according to NBS data.

Ning predicted that growth will remain stable in the fourth quarter.

Premier Li Keqiang said in March that China's economic growth target for 2016 was 6.5 percent to 7 percent, and the economy would grow at an average annual rate of at least 6.5 percent through 2020.

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