China sets 2013 economic growth at 7.5% as NPC opens

BEIJING - China has set an unchanged 7.5 per cent growth target for this year, continuing its focus and efforts in rebalancing the world's second-largest economy from export-driven to domestic consumption.

Outgoing Premier Wen Jiabao gave the figure in his government work report on Tuesday at the opening of the annual session of its national parliament, which will end on Mar 17 and produce new state and government year, the spike continues an almost-unbroken double-digit military expansion over the past 20 years.