Report: China targets 5% economic growth in 2025.

The American news agency Reuters published a report on Tuesday, citing informed sources, stating that the Chinese government may aim for a 5% growth in the country's GDP by 2025. This comes after a meeting of senior government officials in China held last week through the Central Economic Work Conference, where sources indicated that they discussed keeping the economic target for the upcoming year the same as this year's goal, which is also 5%. It is worth noting that the Chinese government previously mentioned its plans to increase the budget deficit, aiming for a record budget deficit of 4% of GDP in the upcoming year, which is higher than the rate set for this year, which is 3% of GDP. Some reports clarified that the additional 1% of GDP in spending amounts to approximately 1.3 trillion yuan, and sources mentioned that this additional stimulus will be financed through the issuance of special off-budget bonds.