In his 2025 New Year address on Tuesday, China’s President Xi Jinping announced that the country’s economy has bounced back in 2024 and is heading upwards. The GDP is expected to surpass 130 trillion yuan!
“We have proactively tackled the challenges at home and abroad,” President Xi said. “We have adopted various policies to achieve solid progress in high-quality development.”
He highlighted China’s efforts in boosting grain production, promoting new urbanization, revitalizing rural areas, and pursuing green, low-carbon development. These initiatives aim to enhance sustainability and improve living standards across the nation.
This news signals China’s resilience and determination to grow despite global economic hurdles. As one of the world’s leading economies, China’s progress has a significant impact on international markets and development.
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President Xi says China's rebounding economy on upward trajectory
cgtn.com
