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CHINA PRESS: China Provinces 2025 Targets Demonstrates Positivity

CHINA PRESS

Provincial economic targets of around 5% or above in 2025 demonstrate positive macro trends and intensified support policies, according to Zhang Yiqun, deputy director at the Chinese Society of Finance. Zhang said building a unified domestic market and enhancing confidence will be the primary task this year, with a focus on promoting consumption and investment. Mingming, chief economist at CITIC Securities, said China has shifted to high-quality development and needs to incorporate consumption alongside investment and exports as a growth driver.

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Provincial economic targets of around 5% or above in 2025 demonstrate positive macro trends and intensified support policies, according to Zhang Yiqun, deputy director at the Chinese Society of Finance. Zhang said building a unified domestic market and enhancing confidence will be the primary task this year, with a focus on promoting consumption and investment. Mingming, chief economist at CITIC Securities, said China has shifted to high-quality development and needs to incorporate consumption alongside investment and exports as a growth driver.