GDP growth of 4.5 percent to 5 percent, while striving for better results in practice - this is one of the main development targets for this year outlined in the Government Work Report.
This undated photo shows a bird's eye view of Qianhai of Shenzhen, Guangdong province, China. [PHOTO PROVIDED TO CHINA DAILY] China's push to further expand opening-up will strengthen investor confidence and support economic growth by creating a more predictable business environment and broader market opportunities for foreign enterprises, said market watchers and business executives on Thursday.
China's growth target and the nation's focus on boosting domestic consumption will create opportunities for other countries in the region, a welcome development at a time when geopolitical tensions are clouding the outlook for Asia-Pacific economies, analysts said. China is aiming for a GDP growth rate of 4.
On March 4, China's "two sessions," the annual meetings of the country's top legislature, the National People's Congress (NPC), and top political advisory body, the Chinese People's Political Consultative Conference (CPPCC), kicked off in Beijing, drawing global attention. Amidst a world facing heightened uncertainties, analysis of China's development trajectory reveals a clear trend: despite complex global conditions, China's economy consistently advances towards higher-quality growth, demonstrating strong resilience.