China has lowered its economic growth target for 2015 to the lowest target in eleven years... amid worries the country could face greater financial challenges this year.<br />In an annual report to the National People's Congress on Thursday,.. Chinese Premier Li Keqiang set the country's gross domestic product growth target at around seven percent this year.<br />The figure is down from the seven-and-a-half percent target the government set for 2014... and lower than the actual growth of seven-point-four percent, marking the slowest expansion in 24 years.<br />As for the country's defense budget,... China aims to increase it by roughly ten percent compared to last year.
