12:26 May 07 2025

China will take more proactive macroeconomic policies and is confident in achieving its economic growth target of around 5% this year, Finance Minister Lan Fo'an said during the 58th ADB Annual Meeting in Milan yesterday. China is a beneficiary and a contributor to economic globalization, as the country's contribution to global economic growth has remained at about 30% in recent years, he added.

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