https://www.taxtmi.com/news?id=36148 China keeps an annual economic growth target of around five percent for 2025 and links it to mid- and long-term development aims while acknowledging domestic weaknesses and external trade pressures. The government plans a coordinated response combining increased borrowing and fiscal measures - consumer rebate programs, business equipment upgrade incentives, and possible expansions to pensions and health care - together with a shift to a moderately looser monetary stance and accelerated industrial upgrading to reduce dependence on the troubled real estate sector and strengthen technological self-reliance. en-us Wed, 05 Mar 2025 06:46:02 +0530 Wed, 05 Mar 2025 06:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36148 China keeps an annual economic growth target of around five percent for 2025 and links it to mid- and long-term development aims while acknowledging domestic weaknesses and external trade pressures. The government plans a coordinated response combining increased borrowing and fiscal measures - consumer rebate programs, business equipment upgrade incentives, and possible expansions to pensions and health care - together with a shift to a moderately looser monetary stance and accelerated industrial upgrading to reduce dependence on the troubled real estate sector and strengthen technological self-reliance. News - Wed, 05 Mar 2025 06:46:02 +0530 https://www.taxtmi.com/news?id=36148