CCTV News: The Third Session of the 14th National People's Congress opened on the morning of March 5. The State Council Information Office held a briefing on March 5, inviting the heads of the government work report drafting group and members to interpret the government work report. The head of the drafting group said that the 2025 government work report focuses on high quality, reform, benefiting people's livelihood and strengthening confidence, and "reform" has become a particularly important keyword in the report.

Chen Danyang, head of the drafting group of the government work report and director of the State Council Research Office, introduced that the 2025 report puts forward annual work arrangements and key tasks from the aspects of building a high-level socialist market economic system, building a modern industrial system, promoting the comprehensive revitalization of rural areas, promoting coordinated regional development, and promoting high-level opening up, and effectively implementing the requirements of promoting high-quality development in all areas of economic and social development.

In addition, the report pays special attention to further comprehensive deepening of reform and summarizes and arranges the reform work. Chen Danyang introduced that in addition to the specific deployment of landmark reform measures such as promoting the effective stimulation of the vitality of various business entities, deepening the construction of a unified national market, and deepening the reform of the fiscal, taxation and financial system, reform tasks and requirements have also been put forward in consumer investment, education and technology, "agriculture, rural areas and farmers" work, ecological and environmental protection, and social undertakings. The word "reform" in the full text of the report appears more than 40 times in total, which is a particularly important keyword in the 2025 report.

Chen Danyang said that the 2025 report also pays special attention to embodying "people's livelihood is the most important". In the expected target part, it is proposed to synchronize the growth of residents' income and economic growth, and in the policy orientation part, it is proposed to strengthen the orientation of macro-policy and people's livelihood. In the key task part, a series of "benefiting people's livelihood" measures are also proposed.

Chen Danyang said that in 2025, the situation facing my country's development remains complex and severe, especially the uncertainty of the external environment has further increased. We often say that as long as your confidence does not fall, there are always more ways than difficulties. Whether it is clarifying the overall requirements and policy orientations for economic and social development in 2025, or proposing government work tasks and various policy measures in 2025, the report emphasizes pragmatic, positive and powerful, fully demonstrating the firm determination to promote the sustained recovery and improvement of the economy, and reflects the clear orientation of facing difficulties and striving for progress. The economic growth target of about 5% is in line with China's reality

At the briefing of the State Council Information Office on March 5, Chen Danyang, head of the drafting group of the government work report and director of the State Council Research Office, said that setting an expected economic growth target of about 5% in 2025 is in line with China's reality and in line with the laws of economic development, and he is full of confidence in achieving this growth target.

Shen Danyang said that the expected economic growth target of about 5% in 2025 was set after repeated research and demonstration. The goal setting comprehensively takes into account the domestic and international situation and various factors, taking into account both needs and possibilities. This goal may be higher than the forecasts of some foreign institutions.

Shen Danyang said that any economic forecast is a deduction under assumption conditions, and the prediction results will often change with environmental conditions, macro-policy strength, and reform measures. This has also occurred in previous years. Judging from China's development practice and the experience of various countries, whether the development goals can be achieved depends on the development trend, the second is the ability and conditions, and the third is the support policies. Based on these factors, we are full of confidence in achieving such a growth target in 2025. The economic growth target of about 5% is in line with the laws of economic development

Shen Danyang said that my country's economy continues to recover and improve, and is still consolidating and expanding. Although we are facing some international uncertainties, my country's economy has rebounded significantly since the introduction of a package of incremental policies. In the second quarter of 2024, the economic growth was 4.7%, the third quarter was 4.6%, and the fourth quarter was 5.4%, achieving the expected growth target of about 5% for the whole year.

In addition, my country's economic development has accumulated many positive and favorable conditions. Especially in recent years, new industries and new momentum have grown rapidly, a number of industries such as new energy vehicles, photovoltaics, and shipbuilding have reached the global leading level, and artificial intelligence-related industries have grown explosively, and China's economic growth is being replaced with a strong new "engine".

Shen Danyang introduced that some of the previous economic pullback factors, such as real estate, have also seen positive changes, and the so-called drag effect on growth is gradually weakening. What is even more exciting is that with the implementation of the reform arrangements made by the Third Plenary Session of the 20th Central Committee of the Communist Party of China, the endogenous driving force and vitality of economic development will be further stimulated.

Chen Danyang introduced that a package of incremental policies and stock policies are continuing to play a role, especially the more active and proactive macro-policy combination that has not been implemented in 2025 for many years, which will inevitably provide strong policy support for economic growth.

Chen Danyang said that in short, setting a growth target of about 5% in 2025 is in line with China's reality and in line with the laws of economic development, and it is possible. Of course, achieving the 5% goal is not easy, and it requires very hard work.