Wed Apr 30 10:57:51 UTC 2025: ## Xi Jinping Calls for Economic Adjustment Amidst US Trade War
**Beijing, April 30, 2025** – Chinese President Xi Jinping has urged proactive adjustments to China’s economic structure in response to shifting global dynamics, particularly the ongoing trade war with the United States. Speaking at a Shanghai symposium on the 15th five-year plan (2026-2030), Xi emphasized the need for a forward-looking approach to navigate the challenges posed by the international environment.
While Xi did not explicitly mention the trade war, his remarks come amidst escalating tensions and the imposition of substantial US tariffs. These tariffs, impacting various industries and potentially causing a global recession, have prompted Chinese policymakers to pledge support for affected businesses and workers. China has maintained an ambitious 5% growth target for 2025, although analysts express concerns about its feasibility given the current economic climate.
Xi stressed the importance of developing locally-suited productive forces and implementing balanced policy measures to support the populace. He also highlighted the need for coordinating development and security, acknowledging both internal and external risks and challenges. The Chinese government plans to take measures to stabilize employment, businesses, markets, and public expectations.
First Piper 