CUTTING THROUGH AN OVERLOAD OF INFORMATION TO GET TO THE HEART OF THE STORY.
THIS IS THE POINT.
Around 5%.
That's the growth target China has set for the year 2025, same as the previous year.
This was announced by Chinese Premier Li Chang in his Government Work Report,
presented to the annual gathering of China's top legislators for deliberations.
The report reviewed the government's work last year,
outlined economic and social priorities and policy directions for the year ahead and the actions to be taken.
The biggest announcements, around 5% GDP growth target for 2025,
vigorously boosting consumption on all fronts and promoting an AI-plus action plan.
Why is China so confident about achieving similar levels of growth at last year,
given the increasingly capricious external environment, namely America's terror war 2.0?
How does China plan to achieve these targets, and how will all of this impact you?
Welcome to the point, with me, Liu Xin, coming to you from Beijing.
I'm pleased to be joined from Singapore by Professor Bert Hofmann,
a junked professor at the East Asian Institute of the National University of Singapore,
also an honorary senior fellow at Asia Society Policy Institute's Center for China Analysis.
From Portland, Oregon, by Professor Liang Yan, Kramer Chair Professor of Economics at William Met University.
From Pretoria, capital of South Africa, by Gert Johannes Grobler, a former senior diplomat of South Africa,
and here in the studio, Rong Ying, senior research fellow at the China Institute for International Studies.