Guizhou province will set its average annual economic growth target at around 10 percent for the next five years as part of an effort to pull more than 3.7 million people out of poverty by 2020, the province's top official said on Sunday.

Chen Miner, Party chief of Guizhou, said the province aims to increase its GDP to 2 trillion yuan ($290 billion) by 2021.

Guizhou has pulled nearly 7.8 million people out of poverty in the past five years, but there are still 3.72 million living under the poverty line of 2,300 yuan in annual income in its rural areas, Chen said in a report to the 12th Communist Party of China Guizhou Provincial Congress.