Li: China's Q2 growth to be higher than Q1

China's second-quarter economic growth will be faster than the first quarter, Premier Li Qiang said on Tuesday. China is on track to meet its annual growth target of around 5 percent. He also said growth in the second quarter is expected to be faster than the first quarter. China's economy grew by 4.5 percent in the first quarter, above expectations. However, subsequent data showed slower growth. Economic data for May fell short of analysts' expectations. "Based on what we have seen this year, the Chinese economy is showing clear momentum for recovery and development," Li said at the World Economic Forum summit in Tianjin.