China has set a growth target of “around 5%” for 2023. Premier Li Keqiang announced the target on Sunday as he delivered a government work report to the opening session of the National People’s Congress, China’s top legislative body.

In the meantime, the report sets a goal of 3% for the consumer price index, a 5.5% urban unemployment rate, among other economic targets. The report says spurring domestic demand will be one of this year’s priorities for economic policy.

The report has also reviewed China’s achievements in the past year and past five years in areas such as poverty alleviation, infrastructure construction and environmental protection.

Host Ding Heng is joined by Yao Shujie, Chueng Kong Professor of Economics with Chongqing University; Sultan Hali, a retired Air Force officer in Pakistan, and author of the book "Hundred Years of Communist Party of China".