Chinese policymakers expressed confidence in achieving the 2025 economic growth target of around 5%, citing strong recovery momentum, strategic policies, and transformative industries like AI and renewable energy. Shen Danyang, head of the State Council Research Office drafting group, acknowledged challenges but highlighted \"favorable conditions\" during a Wednesday press conference.
Key indicators reveal stabilization: manufacturing PMI, property sales, and container throughput rose steadily in early 2025. Shen emphasized progress in neutralizing economic drags like real estate sector pressures, while emerging industries such as shipbuilding and photovoltaics accelerate.
China\u2019s policy toolkit includes unprecedented stimulus measures and dynamic adjustments to macroeconomic strategies. \"Authorities will foster fair competition and expand financing for private enterprises,\" Shen stated, addressing concerns about market confidence.
Employment remains pivotal, with 12.22 million college graduates entering the workforce this year\u2014a priority for sustaining consumption growth. Deputy Director Chen Changsheng highlighted China\u2019s massive economic scale, including $6.9 trillion annual consumption and $20 trillion in imports, as \"foundations for sustainable growth.\"
Chen positioned AI as a catalyst: \"The AI Plus initiative will integrate digital innovation with manufacturing strengths, transforming industries nationwide.\" International investors are reportedly reassessing Chinese assets amid these developments.
Experts note that achieving the target hinges on balancing domestic reforms with global market integration, offering opportunities for cross-border investors and businesses monitoring Asia\u2019s evolving economic landscape.
