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By Addison Gong 12 Mar 2021 In this round-up, Chinese premier Li Keqiang defends Beijing’s ‘above 6%’ annual GDP growth target, China’s exports soar during the first two months of the year, and the securities regulator is reportedly planning to increase scrutiny on IPOs in Shanghai’s Star market. The National People’s Congress approved the government’s 14th ‘five year plan’ for the 2020-2025 period on Thursday. The plan, the draft of which was released at the end of last week, incorporates national development goals, but unlike previous years, China did not set a numeric target for GDP growth by 2025. The Chinese economy grew 2.3% last year, and the 2021 annual growth target was set at above 6% in the government work report delivered last Friday.

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