China's economic momentum aligns with 14th Five-Year

In 2025, China will wrap up its 14th Five-Year Plan (2021-2025), which calls for a steady GDP expansion and more proactive efforts in the face of a complicated and challenging environment of increasing external pressure and growing internal difficulties.

The 14th Five-Year Plan has set some major indicators of economic development during the period including GDP, labor productivity rate and urbanization rate.

In terms of GDP growth target, the 14th Five-Year Plan said proposals for the average annual growth of GDP should be maintained in a reasonable range based on the situation each year.