China’s Premier Li: Economic growth could exceed target

China’s economic growth this year is likely to surpass a target of “above 6%” amid government measures, Bloomberg reports, citing comments from Chinese Premier Li Keqiang, delivered in a meeting with foreign business executives.

Key quotes

“We need to seek a balance between growth, income, and employment, and we cannot pursue economic growth based on high energy consumption and heavy pollution,” 

“China needs growth in employment and income, and will have to work more on boosting domestic demand and consumption.”