BEIJING -- China set its 2025 gross domestic product growth target at "around 5%" as the annual National People's Congress kicked off on Wednesday, as the world's second-largest economy battles an intensifying trade war with the U.S. and weak domestic demand.
The goal was unveiled in the "government work report" that Premier Li Qiang delivered to the NPC at the start of China's weeklong sitting of the top legislative body at Beijing's Great Hall of the People.