China has set an economic growth target of around 5% for the coming year, demonstrating the government’s continued focus on stable expansion despite global economic headwinds. The target, announced yesterday during a key policy meeting in Beijing, aligns with efforts to boost domestic consumption and reduce reliance on debt-fueled property investments. Officials emphasized that achieving this goal would require balancing structural reforms with targeted stimulus measures to support key industries. Analysts note that while the 5% target appears ambitious given current challenges, including sluggish consumer spending and ongoing property sector issues, it reflects Beijing’s confidence in its economic management capabilities.