Economic

Chinese premier says economy could grow this year: state radio

1 Mins read
imageEconomy3 hours ago (Aug 23, 2020 07:25AM ET)

(C) Reuters. Chinese Premier Li Keqiang attends the closing session of NPC in Beijing

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.

The world’s second-biggest economy grew 3.2% year on year in the second quarter, recovering from a record contraction as coronavirus 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.

Chinese premier says economy could grow this year: state radio

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