China's economy provides a 'list of opportunities' to the world

On the industrial Internet platform in the Yangtze River Delta, 20000 groups of data flow and dispatch in real time in the digital twin system every minute;

In the lighthouse factory in the Pearl River Delta, there are 100000 personalized optional solutions and over 100 real-time color switching options for customizing a car;

The bonded zones along the eastern coast are flooded with cross-border data, and a single verification and customs clearance can be completed in just one second

On the vast land of China, there is a thriving vitality of high-quality development surging.

General Secretary Xi Jinping profoundly pointed out, "The Chinese economy is a vast ocean with relatively large scale, resilience, and potential. We have confidence and ability to cope with various risks and challenges

 

Persist in strengthening the domestic circulation

Every day, over 500 million packages flow, 34 billion yuan of physical goods are transacted online, and the flow of people, logistics, funds, and data is efficient, precise, and dynamic. The market allocation of resources is effective and orderly... The super large market composed of over 1.4 billion people has unlimited prospects.

General Secretary Xi Jinping pointed out, "Market resources are a huge advantage of our country, and we must fully utilize and leverage this advantage, continuously consolidate and enhance it, and form strong support for building a new development pattern

The Central Economic Work Conference held in December last year deployed 9 key tasks for economic work in 2025, with "vigorously boosting consumption, improving investment efficiency, and expanding domestic demand in all aspects" being given top priority.

Since the beginning of this year, facing the complex situation, China has focused its development strategy on strengthening the domestic circulation, and has introduced a series of powerful and effective policy measures to support the expansion of domestic demand and promote production.

In the first three quarters, the contribution rate of final consumption expenditure to economic growth reached 53.5%, an increase of 9 percentage points compared to the whole year of the previous year. From January to October, fixed assets investment was 40.89 trillion yuan, and investment in infrastructure in key areas grew rapidly. The 'Village Evening' has ignited rural cultural tourism, 'Su Chao' has leveraged the economy of ticket stocks, and 'artificial intelligence+consumption' and 'IP+consumption' have become new growth points... China's economic vitality continues to be released.

In October this year, General Secretary Xi Jinping explained to the plenary session on the drafting of the "Proposal of the Central Committee of the Communist Party of China on Formulating the 15th Five Year Plan for National Economic and Social Development", pointing out that the more severe and complex the external environment is, the more we need to accelerate the construction of a new development pattern and firmly grasp the initiative of development. In the current and future period, we must adhere to strengthening the domestic circulation, accelerate the formation of a strong domestic economic circulation system, and use the stability of the domestic circulation to hedge the uncertainty of the international circulation.

The "Proposal" highlights the strengthening of the domestic circulation and makes arrangements for building a strong domestic market and accelerating the construction of a high-level socialist market economy system.

By 2027, 3 trillion level consumer sectors and 10 trillion level consumer hotspots will be formed; By 2030, a high-quality development pattern featuring benign interaction and mutual promotion between supply and consumption will be basically formed... China will adhere to the strategic basis of expanding domestic demand, strengthen the adaptability of supply and demand of consumer goods on the one hand, and promote the construction of a unified national market in depth on the other hand, so as to provide a solid strategic support and strong development vitality for promoting Chinese path to modernization.

Developing new quality productive forces according to local conditions

Developing new quality productive forces is the only way to achieve high-quality development.

At last year's Central Economic Work Conference, General Secretary Xi Jinping emphasized that "economic work is complex and requires the coordination of several important relationships. One of them is to coordinate the relationship between cultivating new driving forces and updating old ones, and develop new quality productive forces according to local conditions. General Secretary pointed out that "we should take technological innovation as the guide, vigorously cultivate and strengthen emerging and future industries" and "accelerate the transformation and upgrading of traditional industries as the basic basis for economic growth and employment income, so as to give them new vitality and promote the smooth transition of new and old development drivers".

During this year's local inspections, General Secretary Xi Jinping repeatedly visited the front line of production and put forward clear requirements for the development of new quality productivity in traditional industries and the realization of transformation and upgrading.

In January, after inspecting the Third Cold Rolling Plant of Benxi Iron and Steel Group's Benxi Iron and Steel Plate Cold Rolling Plant in Liaoning, the General Secretary emphasized the need to coordinate the transformation and upgrading of traditional industries and the cultivation and growth of strategic emerging industries, and accelerate the construction of a modern industrial system. "" Old enterprises can also become high-end, intelligent, and green. We must not regard traditional industries as' low-end industries' or 'backward industries' and retreat them, otherwise it may lead to the stagnation of new and old driving forces and exacerbate the pain of structural adjustment

In May, General Secretary Xi Jinping visited Luoyang Bearing Group Co., Ltd. in Henan and encouraged everyone: "Modern manufacturing cannot do without technological empowerment. We must vigorously strengthen technological research and development, and take the path of independent innovation

In July, General Secretary Xi Jinping visited Shanxi Yangquan Valve Co., Ltd. and demanded consistency: "The real economy cannot be lost, and traditional industries within the real economy cannot be lost. We must achieve transformation and upgrading through technological innovation

Sincere instructions, inspiring people's hearts and urging them to strive forward.

Based on reality and coordinated planning, various regions and departments are promoting the "transformation" of traditional industries, accelerating the "leading" of emerging industries, and strengthening the "rooting" of future industries.

In the first three quarters, the added value of high-tech manufacturing above designated size increased by 9.6% year-on-year, while the added value of intelligent unmanned aerial vehicle manufacturing and intelligent vehicle mounted equipment manufacturing increased by 59.9% and 25.1% respectively; In September of this year, China entered the top ten of the Global Innovation Index for the first time, with 24 innovation clusters becoming one of the top 100 in the world, and the number of nominees ranking first in the world for three consecutive years

The roadmap for China's economy to move towards a new direction is clearer, and new progress has been made in the development of new quality productive forces, cultivating more momentum to seek "quality" from the "new", and continuously stimulating strong momentum for high-quality development.

Continuously expanding high-level opening-up to the outside world

Recently, foreign institutions such as Goldman Sachs, Deutsche Bank, and Morgan Stanley have been optimistic about China's economic growth expectations. 'Be optimistic about China' and 'Go to China' are becoming a consensus and action of the international community.

For many years, China has been a major contributor to global economic growth and a stable anchor.

 

In 2025, the intended annual turnover of the 8th CIIE will reach 83.49 billion US dollars, an increase of 4.4% compared to the previous edition; The 138th Canton Fair attracted over 310000 overseas buyers, with an on-site intended export transaction volume of 25.65 billion US dollars. The results of the two major international exhibitions confirm the weight of open China on the world stage.

The 'vastness' of the Chinese market lies not only in its enormous size, but also in its broad mindedness and broad wisdom of' benefiting the world '.

In the past five years, China's trade in goods and services has ranked first and second in the world, attracting over 700 billion US dollars in foreign investment and an average annual growth rate of over 5% in outbound investment. China's negative list for foreign investment access continues to be reduced, unilateral visa free access continues to expand, independent and unilateral opening up is expanding in an orderly manner, and 22 pilot free trade zones actively align with international high standard economic and trade rules. In the near future, the Hainan Free Trade Port will operate with the entire island closed off, and China's high-level opening-up will reach a new level.

The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China approved the "15th Five Year Plan" proposal, which outlines a blueprint for China's development in the next five years and provides the world with a "list of opportunities".

China's firm belief is to develop itself through openness and benefit the world. As an oasis of certainty, China is injecting confidence, momentum, and positive energy into the development of the world economy through its open and cooperative wisdom, mutually beneficial and win-win solutions, and peaceful coexistence.

Riding the long wind to break through the waves of thousands of miles.

This year is of great significance in the process of Chinese path to modernization. We demonstrate to the world through our actions that the Chinese giant ship is a resounding 'economic aircraft carrier' that cannot be blown down, crushed, or broken.