China’s GDP to surpass $25 trillion by 2030
Chinese Premier Li Qiang announced that the country's economy is projected to reach 175 trillion yuan ($25.4 trillion) by 2030. He made this statement at the opening of the China Development Forum held in Beijing on March 22-23. This forecast highlights China’s significant economic growth prospects and its expanding role in global trade.
Source News CN
It is estimated that during the 15th five-year plan period (2026–2030), China’s annual GDP will increase by more than 30 trillion yuan ($4.35 trillion). This growth will open broader opportunities for deepening trade and economic cooperation between China and other countries.
The speaker also noted that over the past 40 years, the Chinese market has expanded more than 300 times. In 2025, retail sales in China exceeded 50 trillion yuan ($7.25 trillion), reflecting strong domestic consumption and economic stability.
The China Development Forum has been held annually in Beijing since 2000, about two weeks after the conclusion of the “Two Sessions,” China’s major political meetings. The forum serves as an important platform for discussing the country's economic strategies and development.
In summary, China’s government forecasts that the country’s economic growth will continue at a robust pace, offering new opportunities for international trade and investment. This development is crucial for the global economy, with China remaining one of the primary drivers of worldwide progress.
Looking ahead, China is expected to further cement its role as a key player on the global economic stage, with its economic performance shaping new conditions for cooperation with other nations and regions.
