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China targets economic growth of around 5% in 2025
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China targets an economic growth rate of around 5 percent in 2025, according to a government work report submitted Wednesday to the national legislature for deliberation.
The report also outlines an array of other key development goals for this year, including a surveyed urban unemployment rate of around 5.5 percent, over 12 million new urban jobs, and some 2-percent increase in the consumer price index.
The country achieved economic growth of 5 percent in 2024 as an impactful policy package, along with other pro-growth measures, fueling strong economic momentum.
On a global scale, a growth rate of around 5 percent places China among the world’s fastest-growing major economies, with the economic increment equating to the annual output of a mid-sized country.
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https://www.youtube.com/watch?v=fs_c8ZVgGjM
from CGTN
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