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%,

China kept its economic growth target for this year unchanged at roughly 5% while committing more fiscal resources than last year to fend off deflationary pressures and mitigate the impact of rising U.

China has set an economic growth target of around 5% for 2025, unchanged from last year, despite mounting challenges from trade tensions, weak domestic demand and a prolonged property downturn.