Finance

Global uncertainty, instability pose risk to China’s economic growth: NDRC

Workers load imported goods at a port in Nantong, Jiangsu province, February 24, 2016. REUTERS/China Daily Thomson ReutersWorkers load imported goods at a port in Nantong

BEIJING (Reuters) – The global economy remains uncertain and unstable, posing a risk to China’s economic growth, the country’s top economic planner said on Sunday.

Xu Shaoshi, head of the National Development and Reform Commission (NDRC), told reporters at a briefing that “global economic uncertainty and instability still remains,” and noted that he sees an increasing risk in fiscal and financial areas.

China aims to keep its economy growing by at least 6.5 percent over the next five years while pushing hard to create more jobs and restructure inefficient industries, Premier Li Keqiang said on Saturday.

(Reporting By Pete Sweeney and Xiaoyi Shao; Editing by Kim Coghill)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

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