{"id":512758,"date":"2025-10-19T21:01:17","date_gmt":"2025-10-19T21:01:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/512758\/"},"modified":"2025-10-19T21:01:17","modified_gmt":"2025-10-19T21:01:17","slug":"chinas-economy-can-grow-by-up-to-5-until-2030-ex-finance-vice-minister-zhu","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/512758\/","title":{"rendered":"China\u2019s economy can grow by up to 5% until 2030: ex-finance vice-minister Zhu"},"content":{"rendered":"

China can sustain annual growth of 4.5 to 5 per cent over its next five-year plan<\/a> period, former finance vice-minister Zhu Guangyao has said, just days ahead of a key Communist Party conclave to roll out the 2026-2030 blueprint.<\/p>\n

\u201cWe have full confidence that we will accomplish the economic development goal this year. The economic growth will be around 5 per cent,\u201d Zhu said at a conference in Beijing on Friday, hosted by the Chongyang Institute for Financial Studies at Renmin University.<\/p>\n

\u201cI personally think that we will keep this 4.5 to 5 per cent growth annually in the next five years and that will build up a solid foundation to achieve the 2035 goal,\u201d he said, referring to the government\u2019s pledge to \u201cbasically achieve socialist modernisation\u201d by that year.<\/p>\n

\"ZhuZhu Guangyao addresses the conference at Renmin University in Beijing on Friday. Photo: Handout<\/p>\n

The comments from Zhu, who served as finance vice-minister between 2010 and 2018, come as China prepares for the fourth plenum of the 20th party congress.<\/p>\n

The four-day event from Monday will see hundreds of members of the party\u2019s top policymaking Central Committee<\/a> gather in Beijing to discuss and endorse proposals for what will be China\u2019s 15th five-year plan<\/a>.<\/p>\n

The meeting comes at a crucial time for the world\u2019s No 2 economy, as it tackles all-out rivalry with the United States.<\/p>\n

The full five-year plan, to be finalised in March during the annual national legislative session, will set key targets and priorities for a wide range of sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"China can sustain annual growth of 4.5 to 5 per cent over its next five-year plan period, former…\n","protected":false},"author":2,"featured_media":512759,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[323,3801,51,167601,1395,167600,98416,1700,7630,40614,3359,55314,16,15,8406,49,978,1773,167599],"class_list":{"0":"post-512758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ai","9":"tag-beijing","10":"tag-business","11":"tag-central-committee","12":"tag-china","13":"tag-chongyang-institute-for-financial-studies","14":"tag-communist-party","15":"tag-economy","16":"tag-ember","17":"tag-jensen-huang","18":"tag-nvidia","19":"tag-renmin-university","20":"tag-uk","21":"tag-united-kingdom","22":"tag-united-nations","23":"tag-united-states","24":"tag-us","25":"tag-xi-jinping","26":"tag-zhu-guangyao"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115402853058632043","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/512758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=512758"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/512758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/512759"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=512758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=512758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=512758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}