By Canadian Press

China sets 2019 economic growth target at 6 to 6.5 per cent

Mar 4, 2019 | 7:14 PM

BEIJING — China’s government has trimmed this year’s economic growth target to a relatively robust 6 to 6.5 per cent amid a tariff battle with Washington and a slowdown in global growth.

The growth target announced Tuesday at the opening of the ceremonial national legislature is down slightly from 2018’s three-decade low growth of 6.6 per cent. But it would be among the world’s strongest expansions if achieved.

The announcement comes amid a tariff battle with Washington and slowing global demand for Chinese exports.

The finance ministry also said the country’s defence budget this year will rise 7.5 per cent.

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Chinese authorities are expected to use the congress to highlight measures intended to support economic growth. Legislators also are due to endorse a change in rules on technology in response to U.S. and European pressure.

The Associated Press