China's "5% growth last year"...Vice President to attend Trump's inauguration

2025.01.18. AM 00:28
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[Anchor]
China reported a 5.0% gross domestic product (GDP) growth rate last year, meeting its annual growth target.

Vice President Xi Jinping will attend the inauguration of U.S. President-elect Trump, who foretold a trade war.

This is Beijing correspondent Kang Jeong-gyu.

[Reporter]
Last year's GDP growth reported by Chinese authorities was 5.0%.

It is a report card that exceeds overseas expectations of 4.9% and is in line with the growth target of around 5%.

Although it seemed difficult to meet the target by the third quarter, growth rebounded to 5.4% in the fourth quarter.

It is evaluated that the company did well thanks to last-minute stimulus measures and strong exports.

[Puringhui / China's Bureau of Statistics spokesperson: Although economic operations face many challenges, the national economy is generally developing in stability]

Chinese authorities are expected to set a similar target to last year's at the annual political event, Yang Hoi, in March.

However, the reality is not easy, such as the ongoing real estate recession and the slow reinvigoration of domestic demand.

In particular, with the launch of Trump's second term, which foreshadowed a "tariff war," exports, which were good sons, are expected to be hit.

[Kang Yi / Director of Statistics China: External environment is turning unfavorable, domestic demand is scarce, and some companies are struggling with production and management]

Amid the same tensions as on the eve of the storm, Han Jung, vice president of the United States, will attend Trump's inauguration ceremony.

In other words, Trump did not respond to the invitation sent to President Xi Jinping.

However, in light of the customs that Ambassador to the U.S. has attended so far, it is evaluated that the level has been raised to the top level.

Vice President Han Jung is expected to engage in a search war with the second Trump administration during his visit to the U.S.

I'm Kang Jeong-gyu from Beijing.

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