Highlights of 2025 Government Work Report

chinadaily.com.cn Updated: 2025-03-05

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The opening meeting of the third session of the 14th National People's Congress is held at the Great Hall of the People in Beijing, March 5, 2025. [Photo/Xinhua]

Premier Li Qiang delivered the Government Work Report at the opening of the third session of the 14th National People's Congress in Beijing on Wednesday. Here are some highlights from the report.

Main targets for 2025:

- China targets economic growth of around 5 percent in 2025

- China aims to create over 12 million new urban jobs in 2025 

- China sets CPI growth target of around 2 percent for 2025

- China sets deficit-to-GDP ratio at around 4 percent for 2025

- China to earmark 735 billion yuan in central govt budget for investment in 2025

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