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Chinese premier says economy could grow this year despite Covid-19

BEIJING (Reuters) - Chinese Premier Li Keqiang said the country's economy could grow this year, state radio reported on Sunday, despite the impact of the COVID-19 pandemic.

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Chinese economy | Li Keqiang

Reuters  |  BEIJING 



china, chinese, import, export, trade, deficit

BEIJING (Reuters) - Chinese Premier said the country's could grow this year, state radio reported on Sunday, despite the impact of the COVID-19 pandemic.

The world's second-biggest grew 3.2% year on year in the second quarter, recovering from a record contraction as lockdown measures ended and policymakers stepped up stimulus to combat the shock from the crisis.

Li also said the government expects more than 9 million new urban jobs to be created this year.

 

(Reporting by Yilei Sun, Yan Shen and Ryan Woo; Editing by David Goodman)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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First Published: Sun, August 23 2020. 18:09 IST

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