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Li: China's second quarter growth will be higher than the first quarter

Chinese Prime Minister Li Qiang said that China's second quarter economic growth will be higher than the growth in the first quarter.

Li: China's second quarter growth will be higher than the first quarter

Chinese Prime Minister Li Qiang said on Tuesday that his country is on track to achieve its annual growth target of around 5 per cent.

He also said growth in the second quarter is expected to be faster than in the first quarter.

China's economy grew by 4.5 per cent in the first quarter, above expectations. However, subsequent data pointed to slower growth. May economic data did not meet analysts' expectations.

"From what we have seen this year, the Chinese economy is showing a clear recovery and development momentum," Li said at the World Economic Forum summit in Tianjin.

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