China has set its annual economic growth target at 4.5 to 5 percent for this year, with an ambition to outperform that range in practice, according to a government work report submitted Thursday to the national legislature for deliberation.

Following the report's release, CGTN spoke with Robin Xing, Chief China Economist at Morgan Stanley, to unpack the key factors behind this target, identify emerging sectors that could drive the country's high-quality growth, and analyze other key signals delivered in the policy blueprint.