China to set 8% growth target for 2006
March 4, 2006Chinese Premier Wen Jiabao will set an economic growth target of ''around 8 percent'' in 2006, down from the brisk 9.9 percent expansion recorded in 2005, when the country's legislative meeting opens Sunday, Chinese sources said late Saturday. In the annual work report to be delivered to the National People's Congress, Wen will also unveil a plan to achieve an average of 7.5 percent growth in the country's gross domestic product over the next five years, according to the sources.