China ‘confident and capable' of hitting 2023 growth targets, new premier says at gathering of business leaders [CNN]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: CNN
Hong Kong CNN — The forum often promotes itself as “Asian Davos” and Li is tasked with reviving the world's second largest economy at a time of sluggish growth. “The [economic] performance in March is even better than January and February's ,” Li said, adding that major indicators such as consumption and investment are improving. China, he said, will roll out new measures to boost domestic consumption and increase market access for foreign business while ensuring the stability of the financial sector. “You are all welcome to visit China and take a look,” Li told attendees. A day earlier, Li met IMF President Kristalina Georgieva in Boao, saying that the country is “confident and capable” of hitting this year's GDP growth target, which is “around 5%.” The Boao Forum for Asia has been held annually since 2001, but was suspended in 2020 because of the pandemic. This year's meeting is the first fully offline session in three years. Prominent attendees this year include Si
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