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The Guardian - UK

World

Amy Hawkins in Beijing

China sets GDP target of 5% for 2025 amid tariff war with Trump

China Donald Trump Li Qiang GDP NPC Beijing Xi Jinping the National People Congress

China's President Xi Jinping applauds during the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing — China's President Xi Jinping applauds during the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing. Photograph: Pedro Pardo/AFP/Getty Images

China has set its GDP target for 2025 at “around 5%”, a figure which was unveiled by Premier Li Qiang at the opening session of the National People’s Congress (NPC) in Beijing on Wednesday.

Li announced the growth target in the annual government work report, which also outlined plans to stabilise economic growth by boosting domestic demand and creating 12m new urban jobs.

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