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China will not set GDP target for 2020 as COVID-19 batters global economy Updated: 2020-05-22 09:59:03 KST

China will NOT set a specific economic growth target for 2020 as COVID-19 continues to batter its economy.
In the National People's Congress report on Friday, Chinese Premier Li Keqiang said China is facing an unpredictable time.
Li also pointed to the global pandemic and uncertainties in the economy and trade.
For the first time in 13 years, Beijing will issue special national bonds worth around 140 billion U.S. dollars.
Last year, China's GDP grew by 6.1 percent, achieving its official target range of 6 to 6.5 percent.
But in the first quarter of this year, China's economy shrank 6.8 percent on-year.
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