Jiangsu aims for higher growth

Province eyes better results after setting GDP target of over 5 percent for this year

Jiangsu, a developed province and economic powerhouse in East China, will better coordinate investment, consumption and foreign trade to promote its economic growth and strive to make a greater contribution to the overall development of the country, said top provincial officials.

Xu Kunlin, governor of Jiangsu, said at a news conference held by the State Council Information Office on Tuesday that the province has set an economic growth target of over 5 percent this year, but it will make more efforts to achieve even better results.

"In 2023, Jiangsu's GDP grew 5.8 percent year-on-year, 0.6 percentage point higher than the national average," said Xu. "The key priority is to combine the implementation of the strategy to expand domestic demand with supply-side structural reforms."