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'China needs 7% annual growth to hit per capita GDP target'

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Reuters
China needs average annual economic growth of seven per cent to reach its goal of doubling per capita gross national product by 2020, Premier Li Keqiang said on Monday during a visit to Berlin.

Speaking after talks with German Economy Minister Philipp Roesler, Li also described China's 7.7 per cent economic growth notched up in the first quarter of this year as "appropriate".

Some recent data have suggested the world's second largest economy is losing momentum and economists say it may miss its 2013 growth target of 7.5 per cent.

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First Published: May 28 2013 | 12:18 AM IST

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