BEIJING, Jan. 3 (Xinhua) — In setting economic growth targets for 2025, China will take into account both needs and opportunities, and ensure consistency with medium- and long-term planning, said Friday a head of the country’s supreme economic planner.
Yuan Da, a senior official of the National Development and Reform Commission, said at a press conference that China’s economy will face many new difficulties and challenges in 2025. The external environment is becoming more complex and more severe, with increasingly significant negative impacts.
However, Yuan believes there are “positive factors.” China’s economy has stable foundations, multiple advantages, strong resilience and great potential. Comprehensively deepening reforms, developing new-quality productive forces and stimulating the internal circulation of the economy will promote the internal dynamics of economic development.
The effects of policies introduced last year will continue to be felt, and there remains ample room for macroeconomic policies this year. Combined with richer macro-control tools, all of this can provide strong support for achieving the economic growth targets for 2025, Yuan said.
“We are fully confident in promoting continued economic recovery in 2025 and achieving the goals and tasks of the 14th Five-Year Plan with high quality,” the official added. ■
