Rio Tinto is confident that China's economic growth is on course to achieve its annual target of around 5 percent for 2025, as the property sector is in a better shape than in previous years, while the green transition is really happening in the country, with the whole development of solar, wind, grid extensions, stationary power, and electrical vehicles, becoming a bigger and bigger business and having more and more impact on the GDP. Thanks to the ever-improving business environment for foreign companies to form partnerships, Rio Tinto had a record level of sourcing in China last year, creating win-win in trade.
