China Sets 5% GDP Growth Target for 2025, Emphasizes ‘Reform’

The Chinese mainland's annual government work report has been unveiled, setting the stage for the country's economic plans up to 2025. 📈

In the report, the Chinese government has set a GDP growth target of around 5 percent for 2025, maintaining the same goal as the previous year. Shen Danyang, head of the drafting team, explained that these numbers were determined after careful deliberation. 🧐

"Reform" is highlighted as the key theme of this year's work report, signaling the government's focus on structural changes and improvements to sustain growth and development. 🔄

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