China has set a growth target of around 5% for 2025 and plans to invest billions in its economy amidst trade tensions with the US. The Chinese government aims to issue 1.3 trillion yuan in treasury bonds to fund stimulus measures and increase local government borrowing to 4.4 trillion yuan. Premier Li Qiang acknowledged the economy's challenges, including sluggish consumption, and pledged to vigorously boost household demand while increasing the budget deficit to 4% of GDP, marking the highest level in decades. The Chinese Foreign Ministry warned that if the US continues its tariff war, China will fight to the end, indicating a strong stance from Chinese leadership against external pressures.