Roughly Half of China’s Provinces Miss 2025 Growth Targets
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About half of China’s provinces failed to meet their economic growth targets for 2025, highlighting widening regional disparities even as the national economy expanded at a steady pace.
The uneven outcomes reflect the challenges facing local governments as China seeks to rebalance away from property and legacy industries while navigating subdued demand at home.
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- Half of China’s 31 provinces missed their 2025 economic growth targets, reflecting widening regional disparities.
- Guangdong grew 3.9%, below its 5% target, while Jiangsu grew 5.3% and approached Guangdong in GDP.
- Some provinces, like Liaoning, saw slower growth due to weak investment and shifts away from traditional industries.
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