China to see 7.5 percent annual growth in next 5 years
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Premier Wen Jiabao has proposed anannual growth rate of 7.5 percent for the national economy during the 11th Five-Year Plan period (2006-2010). This indicates a projected target of doubling the per capita GDP of 2000 by the year 2010. Wen made the proposal here Sunday while delivering a report on the work of the government at the opening meeting of the Fourth Session of the Tenth National People's Congress (NPC), China's top legislature. Between 2001 and 2005, China's GDP grew at an average annual rate of 9.5 percent, 0.9 percentage points higher than the annual figure in the Ninth Five-Year Plan period (1996-2000). |
