China Sets 2025 GDP Growth Target at 5% During 'Two Sessions'

Global Times: Grassroots voices being heard in two sessions, underscoring Xi's commitment to 'putting people first'

BEIJING, March 6, 2025 /PRNewswire/ -- Ancient Chinese scholars used to say that people are fundamental to a country. The key to winning the hearts of the people lies in acknowledging their needs and ensuring their voices are heard.

China sets 5% economic growth target for 2025

The third session of the 14th National People's Congress of China opened on March 5, and Chinese Premier Li Qiang delivered the government work report, setting the 2025 economic growth target at about 5%, mirroring last year's goal. However, analysts express skepticism over the country ability to reach the goal because of domestic economic challenges and external pressures from ongoing U.S.-China tariff disputes. Click here for the full story in…

Beijing Review: Governance need not be the same, as long as it benefits the people

BEIJING, March 5, 2025 /PRNewswire/ -- The annual "Two Sessions," a highly anticipated event on China's political calendar, began on March 4.

The new Chinese budget also provides for an increase of 7.2% in the defence budget in 2025.

China says its ready and able to fight Trump's trade war

China announced a 5% economic growth target for 2025, a bold bid amid what is emerging as a full-blown trade war with the United States. In a speech at this year’s National People’s Congress (NPC) opening ceremony on Wednesday, Chinese Premier Li Qiang said the Chinese economy will sustain growth momentum and remain a key […] The post China says its ready and able to fight Trump’s trade war appeared first on Asia Times.

The third session of the 14th National People's Congress of China opened in Beijing on Wednesday (March 5). Premier Li Qiang delivered a government work report, maintaining China's expected economic growth target for 2025 at around 5%, the same as last year. However, analysts generally believe that it is difficult to achieve this goal against the backdrop of China's weak domestic economy and the increasing pressure of US tariffs on Chinese goods.