China is capable, confident to hit 2024 growth target: state planner

BEIJING (Reuters) – China has the ability and confidence to achieve its full-year growth target of around 5% and will work to actively expand domestic demand, officials from the state planner said on Thursday.

There is “sufficient” room for counter-cyclical policy adjustments, said Zhao Chenxin, vice head of the state planner, during a press conference in Beijing.