China Confident in Achieving 5% GDP Growth Target, Emphasizes Reforms and Stability

Steady Growth and Confidence in the Future

Chinese Foreign Ministry spokesperson Mao Ning expressed confidence in China's economic growth during a press conference on Tuesday. She emphasized that the country will continue to deepen reforms and expand its opening-up policy, ensuring stability and providing much-needed stability for the world.

The government's 2025 GDP growth target of around 5% has been met with mixed reactions, with some media outlets calling it ambitious and others expressing concerns about potential difficulties. Mao addressed these concerns by highlighting the positive momentum of the economic rebound and the effectiveness of policy measures implemented in January and February.

She explained that the 5% target is based on a comprehensive assessment of domestic and international dynamics, reflecting China's commitment to high-quality development and a balance between quantitative and qualitative growth. Despite challenges such as tariff barriers and a complex external environment, Mao expressed full confidence in achieving the target.

China's strengths lie in its enormous domestic market, complete industrial system, effective governance mechanisms, and proactive fiscal and monetary policies. The country is also fostering a new development paradigm that emphasizes domestic circulation while leveraging international partnerships. With diverse trading partners across more than 230 countries and regions, China is well-equipped to navigate external uncertainties.

In conclusion, China remains confident in its ability to achieve steady economic growth and contribute to global stability. The country's commitment to reform, opening-up, and high-quality development provides a solid foundation for navigating current challenges and achieving future success.