Developing | China’s Xi expects 2024 GDP growth of around 5%, vows more proactive measures in 2025

China’s economy is expected to have grown around 5 per cent this year, President Xi Jinping said on Tuesday, according to state news agency Xinhua.

Xi also pledged to take more proactive measures to support the economy next year.

Xi added that China would deepen its reform, expand opening up, and coordinate development and security.

He said that despite both domestic and international challenges, the country had worked to reach its main socio-economic development goals and targets this year.

Xi also issued a rallying call to maintain strategic focus. China is bracing for economic headwinds and geopolitical challenges, especially Donald Trump’s second term as US president.

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