China's top economic planner has set the 2011 GDP growth target at eight percent and raised the 2011 inflation target from this year's three percent to four percent, the Shanghai Securities News reported Wednesday.
The National Development and Reform Commission (NDRC) revealed the targets at its working conference on Tuesday. It also said this year's CPI, a major gauge of inflation, may exceed the three percent target.
Zhang Ping, director of the NDRC, said their focus in 2011 will be controlling prices and ensuring food supplies.
China's November CPI hit 28-month high of 5.1 percent, and the government has been stepping up efforts to head off inflation.
