The Chinese mainland is gearing up to achieve a solid 5% economic growth by 2025! 🚀 During the press conference at the third session of the 14th National People’s Congress in Beijing, a top official revealed plans to strengthen policy coordination in finance and consumption.
Despite facing global uncertainties and challenges with domestic demand, Zheng Shanjie, the head of the National Development and Reform Commission, expressed full confidence in reaching the "around 5 percent" growth target for this year, citing a robust foundation and strong support from various sectors.
In 2024, China’s economy showcased its resilience and commitment to high-quality development, with the annual GDP soaring to approximately 135 trillion yuan ($18.6 trillion). 📊 This momentum is expected to carry forward into the coming years as the Chinese mainland continues to implement strategic policies aiming for sustainable economic growth.
Reference(s):
China to strengthen policies to meet 5% growth target in 2025
cgtn.com
