China sets moderate economic growth target amid looming trade war

A delivery rider passes by workers laboring at a new residential building under construction in Beijing on March 1, 2025. Residential complexes are seen near a frozen river in Miyun district in northeastern Beijing, on Feb. 27, 2025.

China set the economic growth target for 2025 at 5% on Wednesday, vowing to “rise to the challenge and strive for success” amid a lack of domestic demand and a challenging external environment.