NPC deputies on key drivers behind China’s economic growth

Deputies to the 14th National People's Congress (NPC), including government officials and business leaders, shared their insights on Tuesday about the key drivers of China's economic growth.

According to the new Government Work Report, China is aiming for an economic growth rate of around five percent in 2025.

In interviews on the sidelines of the closing meeting of the third session of the 14th NPC in Beijing, the NPC deputies shared their views on the major measures and key sectors outlined in the government report to achieve China's economic goals for this year.

"The report outlined key measures to boost consumption and foreign trade investment, which are highly beneficial for the development of businesses. The government also offers businesses strong support for technological innovation, encouraging institutional innovation within enterprises," said Jia Shaoqian, an NPC deputy and chairman of Hisense Group, a China-based appliance and electronics manufacturer.

"The private sector is the backbone of economic growth, job creation, and innovation. In the global market, our competitiveness depends on the vitality and creativity of private enterprises. In fact, strengthening support for this sector is crucial to enhancing China's long-term international competitiveness," said NPC deputy Liu Hanyuan, also chairman of Tongwei Group, a private solar panel manufacturer.

"Active fiscal policies and a moderately loose monetary policy will be crucial. With these measures in place, especially expanding effective investment and boosting consumer demand, I believe the five percent growth target is within reach," said Huang Wei, an NPC deputy and mayor of Zunyi in southwest China's Guizhou Province.

"China is at a critical stage of development. Given the complex external environment, we must focus on fostering new quality productive forces to drive growth. The key now is to implement the policies outlined in the Central Economic Work Conference and the measures in the premier's report," said NPC deputy Huang Junhua, vice chairman of the Guangxi Zhuang Autonomous Regional Committee of the Chinese People's Political Consultative Conference.

NPC deputies on key drivers behind China’s economic growth

China is deeply shocked by and strongly condemns the U.S.'s blatant use of force against a sovereign state and action against its president, a Chinese foreign ministry spokesperson said Saturday.

It's reported that the U.S. launched military strikes on Venezuela and Donald Trump posted on Truth Social that the U.S. has "successfully" carried out a large-scale strike against Venezuela and its leader, President Nicolas Maduro, along with his wife, have been taken and "flown out of the country."

Such hegemonic acts of the U.S. seriously violate international law and Venezuela's sovereignty, and threaten peace and security in Latin America and the Caribbean region, the spokesperson said, adding that China firmly opposes it.

"We call on the U.S. to abide by international law and the purposes and principles of the UN Charter, and stop violating other countries' sovereignty and security," said the spokesperson.

China strongly condemns U.S. use of force against Venezuela