China economy to top almost $30 trillion, planner says

China’s economy grew at an average annual pace of 5.4 per cent from 2021 to 2024, data shows. (AP PHOTO) China’s economy grew at an average annual pace of 5.4 per cent from 2021 to 2024, data shows. (AP PHOTO) Credit: AAP The size of China’s economy will exceed 140 trillion yuan ($A29.9 trillion) in 2025, the head of the state planner says as policymakers look to steer the country beyond the current five-year policy plan. The world’s second-largest economy is grappling with a prolonged trade war with the United States and persistent deflationary pressures. “Looking back at the 14th…