China aims for 5% economic growth over the next year
Delegates and media watch as Chinese Premier Li Qiang speaks during the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2025
THE Chinese government unveiled an annual economic growth target of “around 5 per cent” today.
The announcement was made by Prime Minister Li Qiang during the opening session of the 3,000-member National People’s Congress and came despite the possible negative impact of a looming trade war with the United States.
The healthy economic target is the same as the last two years, which has seen China achieve one of the strongest economic growth rates in the world.
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