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Xi raises prospect of doubling China's GDP by 2035

New five-year plan pushes self-reliant supply chains, but lacks growth rate details

A giant screen showing a news footage of Chinese President Xi Jinping looms over a Beijing street in July.   © Reuters

BEIJING -- Doubling the size of China's economy and income per capita by 2035 is "completely possible," President Xi Jinping said in a speech made public Tuesday explaining the ruling Communist Party's new five- and 15-year economic goals.

The proposals for China's 2021-25 economic plan and long-term targets for 2035 -- decided at last week's plenary session of the party's Central Committee -- were reported by the official Xinhua News Agency, as was Xi's speech.

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