Data released recently by China’s National Bureau of Statistics show that in the first two months of this year, China’s economy started off smoothly and the development trend is new and good, and the growth rate of industrial added value, service industry production index, total retail sales of consumer goods, fixed asset investment and other indicators are faster than that of the whole of last year. International people interviewed by our reporter said that the “report card” of China’s economy in 2025 is a strong pulse of China’s economy and Outlines a dynamic picture of China’s high-quality development. As policy dividends continue to be released and social expectations continue to improve, the giant ship of the Chinese economy will continue to move forward through waves.
China’s economic recovery is accelerating
In the East Third Ring Road of Beijing, the scenery on both sides of the Liangma River is like a slowly unfolding picture scroll. Felix Valdivieso, director of the Center for Chinese Studies at IE University in Spain, visited Beijing not long ago and was impressed by the crowded scene of large shopping malls, hotels and restaurants around the river, “I feel that China’s economy is speeding up the recovery.” “As the world’s second largest economy and an important trading partner of many countries around the world, China’s sustained economic growth not only provides stability to the global market, but also creates opportunities for cooperation and common development,” he said.
“Against the backdrop of sluggish global economic growth, China successfully achieved its economic growth target of 5% last year. In the first two months of this year, the Chinese economy got off to a steady start and various industries accelerated their development. These all show the resilience of the Chinese economy.” Claudia Januzzi, president of the China Institute of Innovative Economy in Brazil, said that China’s continuous progress in the field of high-tech in recent years has promoted domestic economic development, and continued expansion of high-level opening-up has added impetus to China’s economy. The Chinese economy has made steady progress, injecting more stability and certainty into world economic development.
Algerian industrial investment expert Mohamed Saeed visited China four times last year to visit the relevant sectors of industrial economy in many places in China. “Adhering to the development of the real economy and stimulating consumer demand is the ‘secret’ of China’s economic growth, and it is also worth learning from other countries, especially African countries,” he said. Mohamed Saeed said that the stable growth of China’s economy provides a strong driving force for the development of the world economy, and he believes that the accelerated development of China’s economy will bring more opportunities to the world.
“Expanding the space for international cooperation through opening-up”
During this year’s Spring Festival holiday, China’s cultural travel market enjoyed a high performance, with 501 million domestic trips made in China, a record high. As of March 18, China’s total box office sales exceeded the 24 billion yuan mark, up 60 percent year on year, and accounted for 45 percent of the global box office. In the first two months of this year, 7,574 foreign-invested enterprises were newly established nationwide, an increase of 5.8% year-on-year. The actual investment in China by the UK, Germany and the ROK increased by 87.9%, 54.7% and 45.2% respectively. From the flow of factors such as people, goods and capital, the world has seen the surging vitality of the Chinese economy.
“China’s consumer confidence index has rebounded for three consecutive months, highlighting the vitality of the Chinese consumer market.” Kritan Bahana, president of the South African Institute of Foreign Affairs and editor-in-chief of South Africa’s Foreign Affairs magazine, said that the Chinese government is taking stronger and more precise measures to boost consumption. Since last year, policies such as the Action Plan to promote the exchange of old Consumer goods for new ones and the Special Action Plan to boost consumption have been rolled out, constantly releasing consumption potential and providing effective support for promoting stable growth of the national economy. “While actively expanding domestic demand, China is committed to promoting high-level opening-up and expanding the space for international cooperation through opening-up.” Bahana especially mentioned that since last December, China has granted zero tariff treatment to 100 percent of the products of all the least developed countries that have established diplomatic relations with China, including 33 African countries, creating favorable conditions for African countries’ products to more easily enter the Chinese market. “The move shows China’s determination to adhere to opening-up and cooperation and to achieve mutual benefit and win-win results with other countries.”
“As an important engine of global economic growth, China’s economic policies have a profound impact on the world.” Hanes Ferner, director of the Institute of China and Southeast Asia in Austria, noted that at the two sessions of China this year, “boosting consumption”, “actively expanding effective investment” and “expanding high-level opening up” have become hot topics, and the Chinese government has also made a series of deployments. He said that in recent years, China has vigorously developed new quality productivity and achieved fruitful results in scientific and technological innovation. By reducing trade and investment barriers, China continues to promote global economic connectivity. “China’s GDP growth target for 2025 set in this year’s Government Work Report is about 5 percent, and this target will be achieved smoothly.”
“The measures proposed by China to boost consumption, expand high-level opening-up and promote scientific and technological innovation are key to addressing global economic challenges and achieving high-quality development.” Valalou, former Minister of Economy and Finance of Morocco, is very optimistic about the spillover effect of the continuous improvement of China’s economy – boosting consumption will not only release domestic demand, but also promote the optimization of global supply chains; Opening up to the outside world at a higher level will make international trade more resilient and provide more cooperation opportunities for all countries. China’s rapid development in smart city construction, digital payment and artificial intelligence applications will continue to improve production efficiency and the quality of life of the people. “China’s continuous promotion of high-quality development will help the global economy develop in a more inclusive and sustainable direction.”
“Development lessons for many countries”
In recent years, China has made great efforts to develop new quality productive forces and made continuous achievements in scientific and technological innovation, which has improved people’s living standards while achieving economic development. The world hopes that China’s high-quality economic development will benefit more countries and bring more opportunities to them.
“In recent years, China has launched a series of new technologies, new products and new services to continuously promote high-quality economic development.” Rui Lorido, chairman of the Portuguese think tank “China Watch”, said that China’s “Government Work Report” this year proposed that “more than 12 million new urban jobs; Increase the CPI by around 2%; The goal of increasing people’s income in sync with economic growth fully demonstrates that the Communist Party of China and the Chinese government have always been people-centered, and promoting economic development is to continuously improve people’s living standards.
“China’s AI grand model DeepSeek allows global developers to share technology dividends, and China’s new energy vehicle enterprises promote the popularity of electric vehicles while promoting the coordinated development of the global industrial chain.” Brasil Acosta Pena, former federal representative of Mexico, said that China’s achievements in developing new quality productivity in recent years are impressive. “The Chinese government has taken systematic measures to promote economic development, including increasing investment in scientific and technological research and development, improving industrial policies, strengthening infrastructure construction, and optimizing the business environment. These measures are showing results, making China’s technology industry more competitive. If Mexico can seize the cooperation opportunities, it can not only promote the upgrading of its own industry, but also adapt to the trend of further accelerating global technological change.”
“I visited some Chinese technology companies last year and witnessed and felt China’s innovative breakthroughs in artificial intelligence and other fields.”
“The efforts made by the Chinese government in promoting economic development in recent years are obvious to all and have achieved remarkable results.” Valallou said that China’s innovation in photovoltaic, new energy vehicles, intelligent manufacturing and other fields has greatly changed the global industrial structure, “We look forward to deepening cooperation between Morocco and China in related fields and scientific and technological innovation, digital economy and green development, so as to help Morocco better integrate into the global production and supply chain and achieve sustainable economic growth.”