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President Xi Expects CN Annual GDP Growth ~5%; More Proactive Macro Policies to Be Implemented Next Yr
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Chinese President Xi Jinping delivered a speech at the National Committee of CPPCC's New Year tea party, saying that China has successfully achieved its main economic and social development goals despite challenges from domestic and international situations over the past year. Seeing that the economy has remained generally stable with progress, Xi anticipated that China's annual GDP growth to be around 5%. As 2025 marks the conclusion of the "14th Five-Year Plan", Xi emphasized the need to maintain the general principle of seeking progress while ensuring stability. It is crucial to fully and accurately implement the new development philosophy, accelerate the establishment of a new development pattern, and solidly promote high-quality development. In addition, further comprehensive reforms should also be deepened with high-level opening-up expanded and better coordination of development and security achieved, Xi added. More proactive and effective macro policies will be executed to drive continuous economic recovery and improvement. AAStocks Financial News |
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