Growth, reform in spotlight as China parliament meeting opens

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By Kevin Yao BEIJING (Reuters) - China will unveil key economic targets and reform priorities for 2014 at the start of an annual parliament meeting on Wednesday, and expectations are that Beijing will stick to gradual changes to avoid an economic shock. Last November, at a plenum meeting, the ruling Communist Party announced the boldest set of economic and social reforms in China in nearly three decades, but implementation is yet to fully take hold. Premier Li Keqiang addresses the National People's Congress at the start of the nine-day session, and investors will be watching his speech for clues on what lies ahead for the world's second-biggest economy. He is likely to provide an economic growth forecast for China in 2014, and analysts have said maintaining last year's target of 7.5 percent, as he is likely to do, will give room for policy-makers to drive reforms.




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