DHAKA: China is likely to achieve its growth target of 7.5 percent this year despite planned structural reforms to rebalance the world`s second largest economy.

The World Bank president Jim Yong Kim said on Sunday, reports The Straits Times.

Kim is making a four-day visit focusing on issues relating to carbon emission reductions and China`s urbanisation push.

‘We think the growth (for China this year) will be at about 7.5 percent,’ Kim told a press conference in Shanghai on the first day of his visit.

‘The data from August suggests that China will reach its goal of 7.5 percent.’

BDST: 1410 HRS, SEPT 15, 2013
RoR/BSK