China has set its main targets for development in 2025, which includes Gross Domestic Product, GDP, growth of around five percent, over 12 million new urban jobs, and grain output of around 700 million metric tonnes, among others.
The Premier of China, Li Qiang, set out the plans for economic growth, foreign investment and other areas while delivering the government’s work report at the Third Session of the 14th National People’s Congress, NPC, on Wednesday in Beijing.
NPC is China’s supreme organ of state power and top legislative body with 3,000 members, as Li said that, in proposing the targets, evolving dynamics at home and abroad and other relevant factors including what would be needed and what would be possible, were considered.
He said that regardless of changes in the external environment, China would remain steadfast in its commitment to opening up.
Recounting achievements of 2024, Li said they did not come easily because the adverse impact of changes in the international environment increased and some structural problems came up.
He, however, said that the difficulties were responded to with active and effective steps, stressing that changes unseen in a century are unfolding across the world at a faster pace.
Li said that an increasingly complex and severe external environment might exert a greater impact on China in areas such as trade, science and technology.
9News Nigeria reports that some of his words were; “In setting the growth rate at around five per cent, we have taken into account, the need to stabilise employment, prevent risks, and improve the people’s wellbeing, as well as the potential for growth and the conditions supporting growth.
“A target of around five per cent is well aligned with our mid and long-term development goals and underscores our resolve to meet difficulties head-on and strive hard to deliver,” he said.
