China sets economic growth target from 6 to 6.5% for 2019

China has set its 2019 economic growth target at 6.0 to 6.5 per cent, Premier Li Keqiang said in his annual work report on Tuesday, lower than last year's goal of around 6.5 per cent.

The government has set its 2019 target for consumer price inflation at around 3 per cent and its budget deficit goal at 2.8 per cent of gross domestic product, Li said at the opening of China's annual meeting of parliament.

Last year, China set a budget deficit goal of 2.6 per cent and a CPI target at 3 per cent. 

(With inputs from agencies.)