China on track to hit 7% GDP growth target this year: Premier Li | The Edge Markets: "SUZHOU (Nov 24): Chinese Premier Li Keqiang said on Tuesday China was on track to reach its economic growth target of about 7% this year, and the economy was going through adjustments to maintain reasonable medium- to long-term growth.
Mr Li made the comments during a summit in the city of Suzhou with leaders of 16 Central and Eastern European countries.
China was studying the possibility of establishing of a multilateral financial institution with Central and Eastern European countries, as well as a joint fund denominated in Chinese yuan, Mr Li said in a speech."
'via Blog this'
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