BEIJING -- China set its 2025 gross domestic product growth target at "around 5%" as the annual National People's Congress kicked off on Wednesday, as the world's second-largest economy battles an intensifying trade war with the U.S. and weak domestic demand.
China People's Congress
China sets GDP growth target at 'around 5%' amid rising trade war
Premier Li Qiang signals more spending, stresses urgency to boost domestic demand
China's annual National People's Congress gets underway on March 5 at the Great Hall of the People in Beijing. (Photo by Tomoki Mera)
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