Experts say that by 2025, China's economy will move towards new and better directions.
The Chinese economic report card for the year 2025 has been revealed, how would you evaluate it? Huang Hanquan, director of the Institute of Macroeconomic Research of the National Development and Reform Commission, believes that in 2025, China's economy has steadily grown, facing challenges and moving towards new and better development. In terms of quality improvement, there are many highlights in technological innovation, exports are rising against the trend, and people's livelihood is well protected. Achieving such results under increased external pressure, difficulties, and challenges is indeed not easy. Wei Chu, dean of the School of Applied Economics at Renmin University of China, believes that in the current global environment of weak economic growth, China has maintained a stable growth rate. China, accounting for 17% of the global economy, has contributed 30% of the world's growth, becoming an important engine for global economic growth. Zhang Yu, chief economist at Huachun Securities, believes that the structural highlights are very prominent. Investments related to the new economy, such as the information industry, have seen high growth. China's export structure has also changed. The replacement of consumer goods with new ones has brought about an increase in the growth rate of durable goods on the demand side. Additionally, on the supply side, there is an anti-cyclical trend, and the core durable goods prices in 2025 have stopped falling and even slightly increased, marking a significant turning point.
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