Foreign trade is a key pillar of China’s open economy and plays a crucial role in facilitating both domestic and international market integration. Strengthening foreign trade and investment remains a priority, with a strong focus on expanding service trade, green trade, and digital trade to enhance market access and foster global partnerships.
China’s national high-tech zones continue to play a pivotal role in the country’s scientific and technological innovation, fostering industrial transformation, and accelerating economic growth. These zones, established as incubators for cutting-edge industries, have become major hubs for research, development, and commercialization of new technologies.
China has set its GDP growth target for 2025 at “around 5%”, a figure that reflects a careful balance between economic opportunities and challenges. As one of the most closely watched indicators in the annual government work report, this target plays a crucial role in shaping market expectations, guiding macroeconomic policies, and ensuring stable economic growth.
During the Third Session of the 14th National People’s Congress premier Li Qiang presented China’s stance on the development of foreign trade for 2025. China will remain steadfast in its commitment to opening-up and will steadily extend institutional opening-up and continue to promote the stable development of foreign trade.
2025 marks the final year of the 14th Five-Year Plan. During the Third Session of the 14th National People’s Congress, premier Li Qiang presented that in terms of the continuous development of its economy, China has set itself the goal to complete the goals and tasks of the “14th Five-Year Plan” with high quality and lay a solid foundation for the “15th Five-Year Plan”.
As China approaches the final year of its 14th Five-Year Plan (2021–2025), significant progress has been made in achieving key economic, social, and technological development targets.
China has set ambitious yet pragmatic economic targets for 2025, aiming for steady growth, employment stability, controlled inflation, and environmental sustainability. With a GDP growth target of approximately 5%, the country seeks to balance economic resilience with structural improvements.
On 5 March 2025, premier Li Qiang of the State Council delivered a government work report to the Third Session of the 14th National People’s Congress on behalf of the State Council. The coming year China will have a strong focus on encouraging foreign investment and will take initiatives to advance unilateral opening-up in a well-ordered way.
China is taking significant steps to enhance its trade policy compliance, aligning with international rules while fostering a competitive and
In a bid to enhance economic efficiency and streamline operations, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council have released the “Action Plan for Effectively Reducing the Logistics Cost of the Whole Society.”