China Prepares for Economic Challenges Ahead of Annual 'Two Sessions'

Beijing focuses on technological innovation, domestic demand, and economic stability as US tariffs escalate under President Trump.

China's Politburo has outlined priorities for 2025, emphasizing technological advancements, economic stability, and quality development ahead of the 'Two Sessions' meetings next week.
President Xi Jinping has called for confidence and resilience in addressing external pressures, including new US tariffs that have doubled to 20% on all Chinese imports.
Beijing is set to announce economic growth targets for 2025, with analysts predicting a 5% goal despite domestic challenges such as weak consumer spending and a prolonged property slump.
The Chinese government plans to expand domestic demand through fiscal measures, including subsidies for household goods and potential increases in household incomes.
Amended military regulations emphasize combat readiness and overseas missions, reflecting broader concerns about geopolitical tensions and strategic priorities.