China Targets 5% Growth with Increased Budget Deficit

China plans to set a 5% growth target for 2025, increasing its budget deficit to 4% of GDP. Discover how these changes aim to boost economic stability.

A modern skyline of a Chinese city at dusk with vibrant lights, symbolizing growth and economic ambi
China Targets 5% Growth with Increased Budget Deficit

Chinese leaders plan to set an annual growth goal of about 5% for 2025, raising the budget deficit to 4% of GDP from 3% this year.

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