Jin Guanping of Economic Daily: We have the foundation and conditions to maintain economic stability and improvement.

date
23/01/2026
Looking at the situation, the fundamental fact that China's economy is long-term improving has not changed, and the positive factors supporting high-quality development continue to accumulate and strengthen. During the "14th Five-Year Plan" period, China's economic aggregate successively crossed the important thresholds of 11 trillion yuan, 12 trillion yuan, 13 trillion yuan, and 14 trillion yuan, with an economic increment of over 36 trillion yuan in five years. The economic strength, technological strength, national defense strength, and comprehensive national strength have reached new levels, fully demonstrating the strong resilience and potential of the economy. China remains the world's second largest economy and the largest manufacturing country, with the largest scale of goods trade globally. It is the second largest consumer market and the largest online retail market in the world, capable of addressing various risks and challenges. Observing the Chinese economy, it is not only about the scale, but also about the quality. We rely on innovation to empower high-quality development, with research and development funding intensity exceeding the average level of OECD countries for the first time by 2025. A large number of original and revolutionary innovation achievements are emerging, and research and application in areas such as artificial intelligence, biomedicine, and robotics are at the forefront globally. The green and low-carbon transformation is deepening, and the digital economy is thriving. The new important achievements in China's economic and social development have laid a more solid foundation for continuing the good performance of the "15th Five-Year Plan" journey.