China Sets 2025 GDP Growth Target at Around 5%

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MAR 5

Above: China's Pres. Xi Jinping (L) and Premier Li Qiang attend the CPPCC opening ceremony at the Great Hall of the People in Beijing on March 4, 2025. Image copyright: Pedro Pardo/Contributor/AFP via Getty Imagesstory last updated MAR 7

The Spin

Pro-China narrative

The 5% growth target demonstrates China's economic resilience and potential, positioning the country among the world's fastest-growing major economies while maintaining policy continuity and stability despite external challenges.

Global Times South China Morning Post

Anti-China narrative

The ambitious growth target faces significant headwinds from weak domestic consumption, property sector troubles, and escalating trade tensions with the US, requiring substantial stimulus measures and structural reforms to achieve the desired results.

Bloomberg Guardian