China's government advisers advocate for 2025 growth target of around 5%

Four Chinese government advisers advocated for a 2025 growth target of around 5%, similar to this year, Reuters reported on Thursday.  

One Chinese government adviser pressed for a growth target of 'above 4%' while another recommended a 4.5%-5% range.

They said “a higher budget deficit could mitigate the impact of expected US tariffs.”