China’s Sichuan sets 7pc growth target for 2021


Southwest China’s Sichuan Province targets an economic expansion of more than 7 percent for 2021, after recording a 3.8-percent gross domestic product (GDP) growth last year, Acting Governor Huang Qiang said on Saturday.The province’s GDP reached 4.86 trillion yuan (756 billion U.S. dollars) last year after a stable recovery from the Covid-19 epidemic, Huang said while delivering the government work report to the provincial legislature’s annual session.Over the past five years, the province has seen a 7-percent average annual GDP growth, with technologies contributing up to 60 percent, Huang said.— Xinhua

Previous articleCorporate profitability may keep PSX green next week
Next articleFBR mulls penalty on sugar mills for not complying with VAS