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HSBC Global Research raises forecasts for China's GDP
18-03-2025 15:02 HKT




China’s economic growth goal of around 5 percent is not an easy task, said the National Bureau of Statistics, adding that authorities will implement more proactive macro measures.
Fu Linghui, spokesperson of the NBS, said that the external environment is becoming more challenging and the effective domestic demand remains inadequate. He also noted that some enterprises have difficulties in production and operations.
Since the base of economic recovery is still not solid, China will take more proactive macro measures to boost domestic demand, while the nation also works to expand high-level opening up and develop new productive factors, Fu said.
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