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1st LD: 6.5 pct annual growth China's bottom line for 2016-2020

Xinhua, November 3, 2015 Adjust font size:

Chinese President Xi Jinping has said that the country's annual growth rate should be no less than 6.5 percent in the next five years to realize the goal of doubling GDP and per capita income by 2020 on the basis of 2010.

Xi was explaining a proposal for formulating the country's 13th Five-Year Plan at the Fifth Session of the 18th Communist Party of China (CPC) Central Committee.

To realize the goal of doubling the 2010 GDP and per capita income of both rural and urban residents, China must maintain medium-high growth for the next five years.

"Maintaining a medium-high level of growth is conducive to improving people's livelihoods so that they can truly benefit from the success of the country in comprehensively building a moderately prosperous society," Xi said.

"In the next five years, China's development should not just be focused on growth pace, but also growth volume, and, more importantly, growth quality," Xi said. Endi