Bold target puts China's GDP just 25% shy of US in 2025

Road map signals America will meet its economic match soon

20210305N red umbrella in Shanghai

People in the Pudong district of Shanghai on March 5, the day the National People's Congress opened. China has set a growth target of more than 6% for 2021. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- China has laid out an ambitious growth plan that would put its gross domestic product just a quarter below the American economy in 2025, sending a forceful message that the country will emerge as an economic powerhouse rivaling the U.S.

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