China's Economy to Hit 5% Growth Target, President Xi Says
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President Xi Jinping says China's economy will meet its 2025 growth target. He expects the country's gross domestic product (GDP) to expand by about 5%.
Xi made the statement at a meeting of China's top political advisory body. He called 2025 an "extraordinary year."
"China's economy is forging ahead under pressure," Xi said. He stated it is "moving toward innovation and quality," showing strong resilience and vitality.
The predicted 5% growth rate would keep China's expansion among the highest of the world's major economies. GDP is the main measure of a country's total economic output.