China sets GDP target at 5 pc, defence budget up by 7.2 pc

Beijing [China], March 6 (ANI): China has set its annual GDP growth target at around 5 per cent for 2023, Global Times reported. The growth target set by China is reportedly the lowest in several years. China announced a draft budget for 2023 which will witness the country's annual defence budget rise to 1.5537 trillion yuan, an increase of 7.2 per cent.

The GDP growth target and China's other development goals were relea