China has set an ambitious target of “around 5%” growth for 2025, maintaining last year’s goal even as it braces for the fallout from escalating American tariffs on its export-driven economy.
The target “underscores our resolve to meet difficulties head-on and strive hard to deliver,” Premier Li Qiang, China’s number-two official, said on Wednesday as he delivered the government work report at the opening session of the National People’s Congress (NPC), the country’s rubber-stamp legislature.
Li is giving his state-of-the-union-like speech shortly before US President Donald Trump’s first address to Congress,
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