China’s GDP Expected to Have Grown 6.9% in 2017: Li Keqiang

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Premier Li Keqiang said that China can expect to post GDP growth of around 6.9% for 2017 during a speech delivered at the 2nd Lancang-Mekong Cooperation Leaders Meeting on 10 January.

“China’s development has benefited from an excellent surrounding environment, and is also a driver and stabiliser for the economic growth of surrounding countries,” said Li.

“Over the past year, the Chinese economy has continued its development trend of improving amidst stability, and its overall condition is better than forecasts. Full year gross domestic product is expected to grow by around 6.9%; the unemployment rate for major cities has reached its lowest levels in many  years, and imports and exports have bounced back from two successive years of decline.”