China confident in promoting continuous economic recovery in 2025: official
2 months, 3 weeks ago

China confident in promoting continuous economic recovery in 2025: official

China Daily  

BEIJING -- When setting economic growth targets for 2025, China will consider both needs and possibilities and ensure coherence with medium and long-term planning, an official with the country's top economic planner said on Friday. A senior National Development and Reform Commission official, Yuan Da, told a press conference that China's economy will face many new difficulties and challenges in 2025. Coupled with richer macro-control tools, these can provide strong support for achieving the 2025 economic growth targets, Yuan said. "We are full of confidence in promoting the continuous recovery of the economy in 2025, and also fully confident in completing the goals and tasks of the 14th Five-Year Plan with high quality," the official said.

China Yuan  promoting  official  economic  strong  yuan  confident  2025  economy  quality  policies  recovery  china  targets  growth  continuous

History of this topic

GDP showing more signs of stabilizing
3 hours, 32 minutes ago

GDP showing more signs of stabilizing

China Daily  

Wu Xiaoqiu, Huang Qifan and Peng Sen at a high-level dialogue on China's reform and economic prospects during the ongoing Boao Forum for Asia Annual Conference 2025. This recovery trend is irreversible," Peng Sen, president of the China Society of Economic Reform, said during a high-level dialogue on China's reform and economic prospects during the ongoing Boao Forum for Asia …

China set to stimulate growth amid global uncertainty
2 weeks, 1 day ago

China set to stimulate growth amid global uncertainty

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. Experts provide insights on the country's economic trends amid global uncertainties, and delve into China's evolving role as a primary driver of global growth. Below are some excerpts: Stimulating domestic demand key to stabilizing markets The Government Work Report submitted to the National People's Congress, China's …

China meets multiple targets for 14th Five-Year Plan ahead of schedule
2 weeks, 1 day ago

China meets multiple targets for 14th Five-Year Plan ahead of schedule

China Daily  

The skyline of Beijing. Basic old-age insurance coverage reaches 95 percent The Outline of the 14th Five-Year Plan for National Economic and Social Development points out that the multi-tiered social security system will be improved, with basic old-age insurance covering 95 percent of the population. During the 14th Five-Year Plan period, China has made efforts to improve water quality, including …

Hard-won 5 percent growth solid foundation for 2025
2 weeks, 6 days ago

Hard-won 5 percent growth solid foundation for 2025

China Daily  

The skyline of Beijing. Official data show that China's economy grew by 5 percent in 2024 and its total economic output surpassed 130 trillion yuan for the first time. Throughout the year, the global economic recovery remained sluggish, geopolitical conflicts and international trade frictions intensified, while domestic demand remained insufficient, leading to slower economic growth in the second and third …

Country should explore strengths to consolidate base for recovery
2 weeks, 6 days ago

Country should explore strengths to consolidate base for recovery

China Daily  

Employees work on a production line of NEV maker BYD in Xi'an, Shaanxi province. This year, the economy is poised to benefit from the synergistic effects of innovation-driven growth, domestic demand expansion, private enterprise empowerment and the revaluation of Chinese assets by international capital. DeepSeek, a Chinese private artificial intelligence startup, exemplifies the breakthrough advancements in China's AI sector, even …

China confident of hitting growth rate
2 weeks, 6 days ago

China confident of hitting growth rate

China Daily  

By ZHU WENQIAN | China Daily | Updated: 2025-03-06 09:14 The opening meeting of the third session of the 14th National People's Congress is held at the Great Hall of the People in Beijing, March 5, 2025. China's economic growth target of around 5 percent this year is in line with the country's situation and the laws of economic development, …

China sticks to 5% GDP growth target amid trade war and economic challenges
3 weeks ago

China sticks to 5% GDP growth target amid trade war and economic challenges

Firstpost  

Premier Li Qiang unveiled the GDP growth target Wednesday during the opening session of the National People’s Congress, China’s annual legislative conference Military wait to march to the opening session of the National People's Congress at the Great Hall of the People in Beijing, China. AP China has maintained its economic growth target at “around 5%” for 2025, despite an …

China keeps economic growth target at 'around 5%' for 2025 despite US tariffs
Trending News
3 weeks ago

China keeps economic growth target at 'around 5%' for 2025 despite US tariffs

Hindustan Times  

China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. The IMF has projected China's economy will grow 4.6% this year, down from 5% in 2024, according to Chinese government statistics. It said China the government would adopt a “more proactive fiscal policy," including an increase …

Xi Jinping to unveil stimulus plan at China’s NPC as economic recovery faces US tariff threats and domestic challenges
3 weeks, 2 days ago

Xi Jinping to unveil stimulus plan at China’s NPC as economic recovery faces US tariff threats and domestic challenges

Live Mint  

As President Xi Jinping prepares for China’s largest political event of the year, the National People’s Congress, the country shows signs of economic recovery. Amid the uncertainty, China’s policymakers are expected to unveil bold fiscal measures, including an increase in the budget deficit, to combat the economic challenges posed by deflation, a property slump, and the ongoing trade war with …

China's economy poised for steady growth in 2025: central bank
1 month, 1 week ago

China's economy poised for steady growth in 2025: central bank

China Daily  

BEIJING -- China's economy is expected to maintain stable growth in 2025, according to the Q4 2024 monetary policy report released by the People's Bank of China on Thursday. China will adopt a more proactive fiscal policy and a moderately loose monetary policy, prioritizing the stabilization of prices at reasonable levels, the central bank said. Monetary authorities will deepen market-driven …

China's economy poised for steady growth in 2025: central bank
1 month, 1 week ago

China's economy poised for steady growth in 2025: central bank

China Daily  

BEIJING -- China's economy is expected to maintain stable growth in 2025, according to the Q4 2024 monetary policy report released by the People's Bank of China on Thursday. China will adopt a more proactive fiscal policy and a moderately loose monetary policy, prioritizing the stabilization of prices at reasonable levels, the central bank said. Monetary authorities will deepen market-driven …

Bold steps needed to boost economy
1 month, 1 week ago

Bold steps needed to boost economy

China Daily  

SONG CHEN/CHINA DAILY China's economy has successfully achieved its growth target for 2024 despite facing a challenging domestic and global environment. It is encouraging news for domestic consumption and the global economy, as the world's second-largest economy remains a key driver, contributing about 30 percent to overall global economic growth. According to the National Bureau of Statistics, China's economy grew …

Chinese economy expected to rebound continuously in 2025: economist
Trending News
1 month, 2 weeks ago

Chinese economy expected to rebound continuously in 2025: economist

China Daily  

The skyline of Beijing. The Chinese economy is expected to rebound continuously in 2025 despite new variables, an economist said as reported by Chinese financial news outlet Yicai on Sunday. The unprecedented popularity of the domestic cultural and travel consumption market during the Spring Festival holiday and the emergence of DeepSeek AI model have contributed to people's confidence in the …

CPI growth accelerates on holiday spending
1 month, 2 weeks ago

CPI growth accelerates on holiday spending

China Daily  

China's economy is showing fresh signs of recovery as consumer inflation accelerated in January due to the influence of the Spring Festival holiday, official data showed on Sunday, pointing to a gradual recovery in domestic demand. Feng said the recovery in market demand has yet to provide strong support for industrial products price growth, noting that the "timing of the …

CPI growth accelerates on holiday spending
1 month, 2 weeks ago

CPI growth accelerates on holiday spending

China Daily  

China's economy is showing fresh signs of recovery as consumer inflation accelerated in January due to the influence of the Spring Festival holiday, official data showed on Sunday, pointing to a gradual recovery in domestic demand. Feng said the recovery in market demand has yet to provide strong support for industrial products price growth, noting that the "timing of the …

China likely to achieve 5% growth this year
1 month, 2 weeks ago

China likely to achieve 5% growth this year

China Daily  

Containers are loaded onto a vessel in Qingdao Port, Shandong province. China is expected to maintain its annual economic growth target at around 5 percent for 2025, the same as last year's goal, in a bid to shore up market expectations in the face of tepid domestic demand and rising trade protectionism, analysts and executives said. Though China's GDP target …

McKinsey regional chief says confident in Chinese economy
Trending News
2 months ago

McKinsey regional chief says confident in Chinese economy

China Daily  

Employees work at a workshop of an automobile enterprise in Guiyang, Southwest China's Guizhou province, Dec 11, 2024. DAVOS, Switzerland -- Measured by market size and growth rate, China is still full of opportunities and worthy of investment by global companies, said Joe Ngai, chairman of McKinsey & Company in Greater China, a worldwide management consulting firm. Ngai reiterated his …

Fruitful 5 percent growth is certainty that China's economy brings to world
2 months, 1 week ago

Fruitful 5 percent growth is certainty that China's economy brings to world

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. When talking about how to evaluate China's economic performance in 2024, the NBS used the term "hard-won" five times in a row, which shows that the 5 percent growth rate conveys a wealth of information. In recent years, China's annual contribution to global economic growth has consistently …

Job growth placed high on work agenda
2 months, 1 week ago

Job growth placed high on work agenda

China Daily  

Job seekers at a talent recruitment market in Beijing on May 21, 2021. The country will work harder to unlock the potential of new employment opportunities, with a focus on key sectors such as advanced manufacturing, consumer services and public welfare, to see that the benefits of economic progress are translated into greater employment-generating capacity, according to a State Council …

Job growth placed high on work agenda
2 months, 1 week ago

Job growth placed high on work agenda

China Daily  

Job seekers at a talent recruitment market in Beijing on May 21, 2021. The country will work harder to unlock the potential of new employment opportunities, with a focus on key sectors such as advanced manufacturing, consumer services and public welfare, to see that the benefits of economic progress are translated into greater employment-generating capacity, according to a State Council …

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
2 months, 1 week ago

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures

The Hindu  

China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, helped by strong exports and recent stimulus measures. Exports expanded 7.1% in annual terms, while imports grew 2.3% The world’s second largest economy has struggled with weaker consumer spending and resulting deflationary pressures as its …

China's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures
2 months, 1 week ago

China's economy expands 5% in 2024, reaching target helped by strong exports, stimulus measures

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China's economy expanded at a …

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
2 months, 1 week ago

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures

Associated Press  

HONG KONG — China’s economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures. “Particularly, with a package of incremental policies being timely rolled out, public confidence was effectively bolstered and the economy recovered remarkably,” it said. “We …

Xi calls for forging ahead to build strong China
Trending News
2 months, 3 weeks ago

Xi calls for forging ahead to build strong China

China Daily  

BEIJING -- President Xi Jinping on Tuesday stressed efforts to maintain strategic resolve and stay united in forging ahead against all odds to build a strong country. "On the journey of Chinese modernization, we will not only encounter clear skies and gentle breezes, but also face high winds, choppy waters, and even dangerous storms," said Xi. In 2024, faced with …

Xi underlines confidence, hard work in 2025 to rise above challenges
2 months, 3 weeks ago

Xi underlines confidence, hard work in 2025 to rise above challenges

China Daily  

BEIJING -- President Xi Jinping on Tuesday called for the nation to remain confident in the coming year, saying the world's second largest economy can overcome its challenges and pressure through hard work. China's annual production of new energy vehicles has topped 10 million for the first time in 2024, and the country has made breakthroughs in integrated circuit, artificial …

Prospects for 2025 are visible in the end-of-year haze
2 months, 3 weeks ago

Prospects for 2025 are visible in the end-of-year haze

Live Mint  

Wintry January mornings are known to obscure clear 20/20 vision. With Donald Trump promising to weaponize tariffs and clamp immigrant flows, while mocking climate change and taking an axe to the US’s multilateral commitments, large-scale unpredictability is likely to undergird the next 12 months. One direct outcome of Trump imposing reciprocal tariffs against Indian exports will be a marginal erosion …

China raises its estimate for the size of its economy in 2023
2 months, 3 weeks ago

China raises its estimate for the size of its economy in 2023

Associated Press  

BANGKOK — China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for total economic activity, or GDP, in 2023 for the world’s second largest economy was increased by about 2.7% to 129.4 trillion yuan, based on …

China's finance ministry vows to step up fiscal spending in 2025
3 months ago

China's finance ministry vows to step up fiscal spending in 2025

China Daily  

The skyline of Beijing. BEIJING -- China's finance ministry vowed to step up fiscal spending and government bond issuance in 2025, providing stronger support to bolster economic stability. The country will adopt a more proactive fiscal policy next year, and ensure the fiscal policy is continuously forceful and impactful, Finance Minister Lan Fo'an made the remarks during a two-day national …

Ground prepared for China's steady growth
3 months ago

Ground prepared for China's steady growth

China Daily  

An aerial drone photo taken on Nov 9, 2023 shows a newly-built residential complex in Feixi County of Hefei City, east China's Anhui province. At the Central Economic Work Conference held recently, the Chinese government identified stabilizing securities and real estate prices as among its priorities for the coming year, marking an unprecedentedly clear commitment to supporting both markets. Regarding …

Six key points to watch as China plans its 2025 economic roadmap
3 months ago

Six key points to watch as China plans its 2025 economic roadmap

China Daily  

Shoppers buy groceries at a supermarket in Shijiazhuang, Hebei province. Analysts believe the multipronged policy announcements from the meeting -- including the adoption of more proactive macro policies, measures to boost domestic demand and efforts to stabilize the property market -- will support stable economic growth, safeguard jobs and consumer prices, boost people's income, and enhance China's appeal to foreign …

Steps ready for stable growth of the economy
3 months, 1 week ago

Steps ready for stable growth of the economy

China Daily  

Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at the annual Central Economic Work Conference in Beijing, capital of China. In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through …

Steps ready for stable growth of the economy
3 months, 1 week ago

Steps ready for stable growth of the economy

China Daily  

Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at the annual Central Economic Work Conference in Beijing, capital of China. In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through …

How will Central Economic Work Conference shape 2025 economy?
Trending News
3 months, 1 week ago

How will Central Economic Work Conference shape 2025 economy?

China Daily  

Shi Yu/China Daily China concluded the much-awaited annual Central Economic Work Conference on Dec 12, outlining the government's main economic objectives and policy plans for 2025, which are largely in line with our CEWC preview and Politburo meeting. Therefore, after the March NPC unveils next year's overall policy stimulus package, we think the government may also ramp up additional policy …

Steps ready for stable growth of the economy
3 months, 1 week ago

Steps ready for stable growth of the economy

China Daily  

In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP ratios, the issuance of ultra-long-term special treasury bonds and interest rate cuts. The meeting reaffirmed the need to adopt a moderately loose monetary policy next year, including the rollout of rate cuts and …

How will Central Economic Work Conference shape 2025 economy?
3 months, 1 week ago

How will Central Economic Work Conference shape 2025 economy?

China Daily  

Shi Yu/China Daily China concluded the much-awaited annual Central Economic Work Conference on Dec 12, outlining the government's main economic objectives and policy plans for 2025, which are largely in line with our CEWC preview and Politburo meeting. Therefore, after the March NPC unveils next year's overall policy stimulus package, we think the government may also ramp up additional policy …

China holds Central Economic Work Conference to make plans for 2025
3 months, 2 weeks ago

China holds Central Economic Work Conference to make plans for 2025

China Daily  

BEIJING -- The annual Central Economic Work Conference was held in Beijing from Wednesday to Thursday as Chinese leaders decided priorities for the economic work in 2025. In his speech, Xi reviewed the country's economic work in 2024, analyzed the current economic situation and arranged next year's economic work. It was noted at the meeting that the Chinese economy has …

China eases monetary policy stance, vows more fiscal support
3 months, 2 weeks ago

China eases monetary policy stance, vows more fiscal support

Live Mint  

China’s top leaders plan to loosen monetary policy and expand fiscal spending next year, as Beijing braces for a second trade war when Donald Trump takes office next month. The 24-man Politburo led by President Xi Jinping announced it will embrace a “moderately loose” strategy for monetary policy in 2025, marking its first major shift in stance since 2011. The …

China vows to ramp up moves to spur economic growth in 2025
3 months, 2 weeks ago

China vows to ramp up moves to spur economic growth in 2025

CNN  

China will adopt an “appropriately loose” monetary policy next year, alongside a more proactive fiscal policy to spur economic growth, the Politburo was quoted as saying Monday. “A more proactive fiscal policy and an appropriately loose monetary policy should be implemented, enhancing and refining the policy toolkit, strengthening extraordinary counter-cyclical adjustments,” the readout said. “We think it points to strong …

China's leaders vow more 'relaxed' monetary policy in 2025
Trending News
3 months, 2 weeks ago

China's leaders vow more 'relaxed' monetary policy in 2025

New Indian Express  

BEIJING: Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year. The world's second-largest economy is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt -- all of which threaten Beijing's official growth …

China's economy to sustain recovery in Nov-Dec: NDRC
4 months, 1 week ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

Xinhua | Updated: 2024-11-19 11:20 BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li …

China's economy to sustain recovery in Nov-Dec: NDRC
Trending News
4 months, 1 week ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li Chao at a press conference. …

China on track to reach growth targets
4 months, 1 week ago

China on track to reach growth targets

China Daily  

A visitor touches the finger of a mechanical hand at a booth at the 26th China High-Tech Fair in Shenzhen, South China's Guangdong province, Nov 15, 2024. China has "full confidence" that it will meet the growth targets for this year and remain the biggest engine of world economic growth, President Xi Jinping said on Friday, reaffirming Beijing's pledge to …

GDP goal to be met on positive cues
4 months, 1 week ago

GDP goal to be met on positive cues

China Daily  

The skyline of Beijing. Citing a package of incremental policy measures announced in recent months, Robin Xing, chief China economist at Morgan Stanley, noted that "recent policy dynamics signal a strong turning of overall government policy in trying to bolster economic growth, boost confidence and stabilize expectations." Xing said he expects to see additional fiscal stimulus in the coming months, …

Will China attempt economic revival markets seek post-COVID with multi-trillion-yuan initiatives?
4 months, 2 weeks ago

Will China attempt economic revival markets seek post-COVID with multi-trillion-yuan initiatives?

Live Mint  

China is expected to unveil significant economic measures Friday at the conclusion of the National People's Congress Standing Committee meeting, aiming to revive its struggling economy, AP reported. Analysts believe China may need substantial, multi-trillion-yuan initiatives to reinvigorate growth in the world’s second-largest economy, which has yet to recover fully from the COVID-19 pandemic. Any new spending or economic boost …

Incremental Policies Boost China's Economic Growth
Trending News
4 months, 3 weeks ago

Incremental Policies Boost China's Economic Growth

China Daily  

China's economy is showing steady growth, with trade volume and GDP growth reaching record highs. The country's incremental policies are further boosting growth potential, spurring consumption and investment. International financial institutions are optimistic about China's future growth prospects, with Goldman Sachs and J.P. Morgan raising their forecasts for the year. The vitality of the Chinese economy also comes from its …

Incremental Policies Boost China's Economic Growth
Trending News
4 months, 3 weeks ago

Incremental Policies Boost China's Economic Growth

China Daily  

China's economy is showing signs of continued growth, with trade volume and GDP growth reaching record highs. The recent package of incremental policies is further unlocking growth potential and boosting confidence in the country's development. International financial institutions are also raising their forecasts for China's economic growth this year.

Industrial Profits Recover as Policy Measures Boost Confidence
Trending News
4 months, 3 weeks ago

Industrial Profits Recover as Policy Measures Boost Confidence

China Daily  

China's industrial enterprises are showing signs of recovery, with the profit of industrial enterprises increasing in the high-tech manufacturing sector. Despite a decline in the overall industrial sector, the resilience of new industrial drivers is driving growth. The central authorities have introduced a package of policies focused on increasing countercyclical policy regulation, expanding domestic demand, giving more help to enterprises, …

Industrial Profits Recover as Policy Measures Boost Confidence
Trending News
4 months, 3 weeks ago

Industrial Profits Recover as Policy Measures Boost Confidence

China Daily  

China's industrial enterprises are showing signs of recovery, with the profit of industrial enterprises increasing in the high-tech manufacturing sector. Despite a decline in the overall industrial sector, the resilience of new industrial drivers is driving growth. The central authorities have introduced a package of policies focused on increasing countercyclical policy regulation, expanding domestic demand, giving more help to enterprises, …

China's Economic Stability: A Steady Beacon Amid Global Uncertainty
4 months, 3 weeks ago

China's Economic Stability: A Steady Beacon Amid Global Uncertainty

China Daily  

China's economy remains a stabilizing force in the global economy, despite the challenges of global geopolitical rivalries and rising government debt. The country's structural reforms and high-quality development strategies have contributed to its stability and growth. China's commitment to high-quality development and its willingness to engage in global trade and cooperation remain crucial for maintaining its economic prosperity and stability …

Discover Related