Article 6VPFY China sets GDP target of 5% for 2025 amid tariff war with Trump

China sets GDP target of 5% for 2025 amid tariff war with Trump

by
Amy Hawkins in Beijing
from World news | The Guardian on (#6VPFY)

Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump's new trade war

China has set its GDP target for 2025 at around 5%", a figure which was unveiled by Premier Li Qiang at the opening session of the National People's Congress (NPC) in Beijing on Wednesday.

Li announced the growth target in the annual government work report, which also outlined plans to stabilise economic growth by boosting domestic demand and creating 12m new urban jobs.

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