Nation well-positioned to meet 2025 growth target

Underpinned by resilient domestic demand, emerging technological drivers, and a deepening commitment to institutional opening-up, China remains on track to achieving the around 5 percent growth target for this year, a renowned economist said.

"Looking ahead to the full year, I believe that China has the confidence and capacity to meet the around 5 percent annual growth target in 2025," said Chen Deqiu, vice-president of the University of International Business and Economics.

Despite facing challenges, the dual engines of consumption and investment will play a more prominent role in the short term, Chen said in an exclusive interview with China Daily recently.