China’s economic stability fuels global confidence

by HAOYU ZHANG
BEIJING – AS the world faces rising protectionism, geopolitical tensions, and economic uncertainty, China’s steady economic policies offer a stabilizing force for global markets.

A recent meeting of the Communist Party’s Political Bureau reaffirmed China’s commitment to proactive fiscal and moderate monetary policies, emphasizing long-term planning and timely macroeconomic support.

These policies aim to sustain growth, boost domestic demand, and complete key national development goals, including the 14th Five-Year Plan and preparations for the 15th.

China’s economy expanded by 5.3% in the first half of 2025. Consumption was the primary driver, contributing 52% to growth, underscoring the potential of China’s 1.4 billion-strong consumer base.

Initiatives like the LEGOLAND Shanghai Resort and increased e-commerce trade with ASEAN countries highlight rising consumption trends.

As the world’s second-largest economy and a key trading partner for nearly 80 nations, China remains the second-largest importer for 16 consecutive years. Amid global trade frictions, China is doubling down on openness and reform—pushing green development, AI, and digital transformation.

With a clear policy direction and commitment to reform, China signals opportunity for global partners ready to engage. In turbulent times, its resilience offers confidence and collaboration for shared growth.

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