China is confident to maintain steady and healthy economic growth and achieve the full-year growth target, the country's top economic planner said Tuesday. The market sentiment has improved recently with a pick-up of the purchasing managers' index in the manufacturing sector,

China's top economic planner is confident that the country can meet its GDP growth target of around 5% for this year. He described the current economic situation as "steady and progressing" and called for a holistic,

BEIJING, Oct 8, 2024 (BSS/AFP) - China's top economic planner said Tuesday that authorities were "fully confident" the country would hit its economic growth targets for the year, after last month announcing a series of stimulus measures that sent stock markets soaring.

China said on Tuesday it was 'fully confident' of achieving its full-year growth target but refrained from introducing stronger fiscal steps, disappointing investors who had banked on more support from policymakers to get the economy back on track.

China said it’s confident in reaching its economic targets this year and promised further support for growth, although it held back in unleashing more stimulus in a disappointment to investors looking for more fuel for a world-beating stock rally.

China said on Tuesday it was "fully confident" of hitting its growth target this year but held off more stimulus, disappointing markets and fuelling concern about a lack of detail on a raft measures unveiled last month.