The growth target of "roughly 5 %" is very significant

The report on the work of the government in 2025, which was presented at the meeting of the All-China People's Congress (APC), has attracted the attention of the world. Most expectedly, China has set its GDP growth target for this year at around 5 %. According to foreign media reports, this target is in line with market expectations and in line with the past two years, demonstrating China's determination to stabilise employment, prevent risks and improve people's livelihoods while serving its medium- and long-term development goals.

Among the ten major tasks set by the Chinese government this year, a vigorous increase in consumption, improvement in investment efficiency and comprehensive expansion of domestic demand are top priority. Recently, several global financial institutions have released their economic outlook reports for 2025, suggesting that the share of China's consumption and service sectors will continue to increase.

Last October, the World Economic Forum added 22 more manufacturing companies to its list of "lighthouse factories", with nearly 60 %s coming from China. Recently, Chinese AI company DeepSeek has become so popular that the world has seen China's innovation and inclusiveness in scientific and technological development.

According to CNN, this year's two sessions highlight China's growing technological strength. Other foreign media believe China's AI development will further change the global industrial innovation pattern and allow the world to share more of China's scientific and technological development achievements.

From promoting the orderly opening up of the Internet, culture and other areas to expanding the pilot opening up of telecommunications, medical care, education and other areas, from promoting the high-quality joint construction of the "Belt and Road" to continuously expanding the network of free trade zones with high standards toward the global market. This year's government work report lists a series of measures to expand market opening, let the world continue to see China's sincerity and determination.

Given current conditions, China is confident that it will achieve its growth target of "roughly 5 %". This growth will also bring new opportunities for the world.

CMG/ gnews.cz - RoZ