In a keynote address delivered during the inaugural session of China’s legislative assembly, Premier Li Qiang outlined China’s commitment to bolstering fiscal stimulus measures as a safeguard against the unprecedented economic shifts heralded as having the potential for impacts “unseen in a century.” Li underscored Beijing’s resolve to pursue a 5% growth target for 2025, amidst rising tensions and a burgeoning trade conflict with the United States.
Source: https://www.france24.com/en/asia-pacific/20250305-china-aims-to-ramp-up-economic-growth-amid-changes-unseen-in-a-century
China targets to boost its economic expansion in response to ‘century-scale’ transformations.
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Amidst growing trade tensions, China aims for a GDP growth of 5% and increases its fiscal deficit, aiming to bolster economic resilience.
