China will strive to achieve economic improvement - President Xi

BEIJING – China will strive to achieve overall improvement in economic operations, further guide business entities to strengthen confidence and stabilize expectations, state radio cited President Xi Jinping as saying on Tuesday.

The world’s second-largest economy grew 3% in 2022 from a year earlier, badly missing the official target of around 5.5% and hitting one of its worst rates in nearly half a century.