Chinese President Xi Jinping acknowledged that China’s economy faces significant challenges due to external factors but stressed that its fundamentals remain strong with resilience and growth potential.

Despite these difficulties, he affirmed that China’s long-term economic trajectory remains positive.

Next week, leaders will convene for the “Two Sessions” meetings to discuss strategies for shielding the economy from trade pressures.

Attention will be on Wednesday’s National People’s Congress, where Premier Li Qiang will outline economic growth targets for 2025.

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