For context, in 2024, China's GDP grew by 5 percent, surpassing 130 trillion yuan ($17.82 trillion) for the first time, successfully achieving key economic and social development goals.

BEIJING -- China is fully confident in achieving the economic growth target of around 5 percent this year as there is solid foundation, support and guarantee, Zheng Shanjie, head of the National ...

BEIJING -- China set its 2025 gross domestic product growth target at "around 5%" as the annual National People's Congress kicked off on Wednesday, as the world's second-largest economy battles an ...

For context, in 2024, China's GDP grew by 5 percent, surpassing 130 trillion yuan ($17.82 trillion) for the first time, successfully achieving key economic and social development goals.

The report set the annual projected fiscal deficit-to-GDP ratio at around 4 percent ... according to information provider Wind Info. China has protested additional 10 per cent tariff imposed ...

China says it will increase its defense budget 7.2% this year, as it continues its campaign to build a larger, more modern ...

"In contrast, consumption contributes over 65 percent to GDP growth in developed economies. A stronger focus on domestic demand will make China's economy more resilient to external shocks ...

China has again set a 5-percent GDP growth target for 2025, but the economy continues to struggle under a prolonged property market slump. Real estate accounts for up to 70 percent of household ...

China has set a GDP growth target of around 5% this year and aims to create over 12 million new urban jobs, amid the risk of a full-blown trade war with the US. Premier Li Qiang unveiled the ...

Wang Zhe, senior economist at Caixin Insight Group. In addition, China set a GDP growth target of around 5% for 2025 during this week’s parliamentary meeting, while raising its budget deficit ...