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| Workers of a technology firm step up production of new energy vehicle range extenders in the workshop located in Sichuan province on March 6, 2025. (PHOTO: VCG) |
In this year's government work report, information related to China's economy attracted attention from the global community.
From setting an economic growth target for 2025 at around 5% and achieving new breakthroughs in scientific and technological innovation, to deepening opening up and reform, foreign media and international observers believe that China's economy has demonstrated strong resilience and vitality, and is expected to maintain a sustained positive momentum and help drive the global economy.
Embracing sci-tech innovation
According to a CNN report, China acknowledged international and domestic challenges, presenting itself as a responsible and confident major power.
The growth target set by China reflects the resilience of its economy. China has increased trade and investment cooperation with other countries, promoted the development of these countries, and played a role in stabilizing the global economy, according to the Latin American news television network TeleSur.
Earlier this year, Chinese AI firm DeepSeek stunned the world with its large language models, showing China's resilience to meet international challenges through scientific and technological innovation.
This has helped fuel a surge of confidence and national pride in China's tech sector, and the country remains more committed than ever to becoming an innovative powerhouse and self-sufficient in high-tech, said CNN.
Channel News Asia (CNA) echoed this sentiment, saying that China is pushing for new quality productive forces because high-tech innovations, such as artificial intelligence and quantum technology, are key to driving national development.
Providing more opportunities
China is doubling down on policy continuity to project an image of stability and unity, said Alexander Vuving, a professor at the Daniel K. Inouye Asia-Pacific Center for Security Studies in Honolulu. He quoted from the Book of Changes (Yi Jing), an ancient Chinese divination text, saying, "Use the constant to deal with the ever-changing" to describe how China is following this ancient dictum in its policy approach, according to CNA.
China's economy has shown strong resilience in a challenging international environment. Felix Valdivieso, director of IE China Center in Spain, said that he expects China to accelerate innovation-driven development and continue to expand high-level opening up in 2025.
Meanwhile, Dmitry Mayatsky, associate professor at Saint Petersburg State University in Russia, believes that against the background of a complex and turbulent international situation and weak global economic recovery, China's economy has maintained a sustained positive momentum, showing its resilience, vitality, and potential. China's expected GDP growth target set this year is "pragmatic, rational, and fully expected to be achieved, which will further boost confidence in global economic growth," said Mayatsky.
And according to the government work report, China will remain steadfast in its commitment to opening up, regardless of changes in the external environment.
China's insistence on expanding high-level opening up will provide more opportunities for countries to achieve common development, mutual benefit and win-win results, said Koffi Kouakou, senior research fellow at the Centre for Africa-China Studies at the University of Johannesburg in South Africa.
China also plays an important role in promoting international trade and maintaining the stability and smooth flow of the global supply chain, ensuring the continued recovery of its economy will bring more opportunities to the global market.
That's according to Dr. Lina Alexandra, head of the Department of International Relations at the Centre for Strategic and International Studies based in Jakarta.
A regular visitor to China's major cities, she is confident that China will achieve its expected economic growth target in 2025.