Job creation is China's most important policy goal: Finance Minister
Published on Mar 6, 2014 11:20 AM
Job creation is China's most important policy target, while Beijing has become more flexible in its approach to achieving GDP growth rates, said its finance minister.
"If we were to say the economy grew this year not at 7.5 per cent, but at 7.3 per cent, 7.2 per cent, would it still count as 'around 7.5 per cent'? Yes it can," Mr Lou told a press conference on Thursday.
On the other hand, employment targets must be met - and even exceeded.
"Our employment goal is 11 million, can we achieve 13 million? This is highly possible," he said, adding that small enterprises and the services sector were key contributors to job creation last year.
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