China's NPC Signals Growth and Stability for Crypto Markets
The Chinese government's annual growth target is set at 4.5-5%, the lowest since 1991. Despite this, the sheer size of China's economy, which has surpassed $20 trillion for the first time in 2025, means that it still contributes significantly to global economic expansion.
China's contribution to global economic growth is around 30%, and even at the lower end of the target range, it would still add roughly $900 billion to global output this year. This is a substantial amount, equivalent to the economies of several developed countries combined.