China is ending its annual Congress with questions open over how to revive its slowing economy
- China aims for a GDP growth target of around 5% for the year, as announced at the National People's Congress, despite challenges; analysts say achieving this will be difficult with current measures outlined.
- Private consumption has been weak, contributing only 44.5% to GDP growth last year, down from 82.5% in 2023, as reported in the government's annual report.
- China's government aims to enhance investment and consumer spending, revealing plans for 300 billion yuan in rebates for trading in old items.
- Chinese officials indicated that the country's outlook remains uncertain due to trade tensions with the United States, with robust export recovery being crucial for growth.
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34 Articles
34 Articles
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Left
8
Center
7
Right
7
Coverage Details
Total News Sources34
Leaning Left8Leaning Right7Center7Last UpdatedBias Distribution36% Left
Bias Distribution
- 36% of the sources lean Left
36% Left
L 36%
C 32%
R 32%
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