"Madonna Joins China's Economic Push: AI's Next Wave Meets Ambitious Growth Plan"

1 min read
Source: NPR
"Madonna Joins China's Economic Push: AI's Next Wave Meets Ambitious Growth Plan"
Photo: NPR
TL;DR Summary

China's premier announced measures to boost the country's economy, including fiscal austerity and a target of around 5% economic growth for the coming year. The plan involves creating 12 million new urban jobs, issuing special treasury bonds, easing restrictions on foreign investment, and focusing on technology sectors. Despite economic challenges, China is increasing its defense budget by 7.2% and prioritizing national defense and armed forces development.

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