Ministry of Finance: Over the past 4 years, China's contribution to global economic growth has remained at around 30%.

date
12/09/2025
This afternoon, the State Council Information Office held a series of themed press conferences on "high-quality completion of the 14th Five-Year Plan". Minister of Finance, Lao Fu'an, introduced that during the 14th Five-Year Plan period, fiscal macro-control has become more proactive and effective, fiscal policies have been further enhanced to adapt to economic situations, moving from being proactive to even more proactive, strategically more proactive and tactically more precise, becoming an important force supporting stable and healthy economic development. On one hand, counter-cyclical adjustments have been strengthened to smooth short-term fluctuations. On the other hand, efforts have been made to coordinate and promote cross-cycle adjustments, enhance medium and long-term development momentum. Support for expanding domestic demand, promoting the development of new quality productive forces, facilitating economic circulation, and promoting the qualitative and quantitative growth of the economy. Over the past four years, China's economy has achieved an average growth rate of 5.5%, contributing around 30% to global economic growth.