The Chinese mainland has set an economic growth target of around 5 percent for 2025, according to a government work report submitted Wednesday to the national legislature for deliberation.
This target reflects the mainland’s ongoing efforts to stabilize and propel its economy amidst global uncertainties. Achieving a 5% growth rate would signify a steady recovery and continued expansion in key sectors.
Economists and business leaders are closely monitoring the mainland’s strategies to meet this goal, which may include innovations in technology, increased investments in infrastructure, and policies aimed at boosting consumer spending.
As the Chinese mainland strives towards this target, the implications for global markets could be significant, potentially fostering stronger international trade relations and economic partnerships.
Reference(s):
cgtn.com
