Key insights and market outlook
Chinese President Xi Jinping expressed confidence that China's economy will achieve around 5% growth in 2025, calling it a 'remarkable' year. Xi stated that China's GDP is on track to meet this target while navigating various challenges. The economy is shifting towards innovation and quality, demonstrating strong resilience and vitality despite operating under pressure.
Chinese President Xi Jinping has expressed strong confidence in China's ability to achieve around 5% economic growth in 2025. Speaking at the annual meeting of China's top political advisory body, Xi described 2025 as a 'remarkable' year for the country. The Chinese leader emphasized that the nation's economy is progressing under pressure while shifting towards innovation and quality.
Xi highlighted that China's gross domestic product (GDP) is expected to grow at the targeted rate despite various economic pressures. He noted that the economy continues to show strong resilience and vitality in the face of challenges. The statement comes as China continues to navigate its economic transformation, focusing on improving quality and innovation in its growth trajectory.
The confidence expressed by Xi comes amid China's ongoing economic restructuring efforts. The country is working to maintain its position among the world's leading economies while addressing various economic challenges. The 5% growth target, if achieved, would place China among the top-performing major economies globally.
China GDP Growth Projection 2025
Xi Jinping Economic Statement