8/23/2020, 4:46 PM (Source: TeleTrader)
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China's economy may achieve growth in 2020 - premier

China's Premier Li Keqiang claimed on Sunday that the country's economy can still achieve growth at the end of the year despite the ongoing coronavirus pandemic. Explaining his estimations, Li said the government expects that over 9 million new jobs in China's urban areas will be created this year.

Meanwhile, forecasts from both United Overseas Bank and China's central bank point towards economic growth of 2%. China's GDP yearly rose by 3.2% in the second quarter of the year, surpassing expectations and showing the country has accelerated its recovery from the virus-related crisis.

Baha Breaking News (BBN) / ND