President Xi Jinping during the closing of the National People’s Congress on March 11, 2025.

Lintao Zhang/Getty Images

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Lintao Zhang/Getty Images

President Xi Jinping during the closing of the National People’s Congress on March 11, 2025.

Lintao Zhang/Getty Images

China has set out its target for economic growth this year: around 5 percent. That’s a hefty goal for a nation coming off a painful real estate slump. But leaders have their eyes set on other industries to help its economy grow. Today, we dig into the headwinds and tailwinds facing China’s economy.

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