China unveiled a more proactive and effective macroeconomic policy approach in this year's government work report, marking a significant shift in its fiscal and monetary strategy to sustain economic momentum amid domestic and global challenges.
March 6, 2025China targets a GDP growth rate of around 5% in 2025, according to a government work report unveiled Wednesday. Shen Danyang, head of the report drafting team, expressed strong confidence in China achieving its target at a press briefing Wednesday.
March 6, 2025China's economic growth target of around 5 percent for this year is achievable, as it aligns with the country's actual conditions and the laws governing economic development, an official said Wednesday.
March 6, 2025