Minister of Finance, Lou Fuchang: China will take more proactive macroeconomic policies and is confident in achieving the growth target of around 5% in 2025.

According to the Wisdom Financial APP, the 58th Annual Meeting of the Board of Governors of the Asian Development Bank will be held in Milan, Italy from May 4th to 7th. Minister of Finance, and China's director at the Asian Development Bank, Lom Jong An, attended and delivered a speech, and held a series of bilateral meetings. Lom Jong An pointed out that China is not only a beneficiary but also a contributor to economic globalization, and in recent years, its contribution to global economic growth has remained at around 30%. In the first quarter of this year, China's GDP grew by 5.4% year-on-year, achieving a good start. China will take more proactive macroeconomic policies and is confident in achieving the growth target of around 5% by 2025. China will continue to build a unified domestic market, expand high-level opening to the outside world, share development opportunities and dividends with the world, especially with Asia-Pacific members, work together to meet the challenges of the times, and create a better future for the Asia-Pacific region.