China economy to exceed $19.5 trillion this year, says state planner

China's state planner anticipates the economy surpassing 140 trillion yuan ($19.5 trillion) this year. Zheng Shanjie, chair of the National Development and Reform Commission, conveyed this expectation during a press conference concerning the current five-year policy plan, set to conclude in 2025. He also asserted that foreign technology restrictions would bolster China's self-reliance and innovation capabilities.