Observers and business leaders across the world have expressed their optimism towards the Chinese economy, as China targets an economic growth rate of around 5 percent in 2025, according to a government work report submitted Wednesday to the national legislature for deliberation.
China's successful mass deployment of clean energy can play a pivotal role in the global green transition by serving as a reference model and providing cost-effective products accessible to all, said Belinda Schaepe, a China policy analyst at the Helsinki-based Centre for Research on Energy and Clean Air.
As the world grapples with geopolitical turbulence and economic uncertainty, China's commitment to innovative, open and sustainable development will not only advance its own prosperity but also contribute to a more interconnected and resilient world, said Nepal's Ambassador to China Krishna Prasad Oli.
From artificial intelligence to aerospace technology, China is sharing the spark of innovation with its partners.
China's determination to keep its economic growth target for this year at around 5 percent, unchanged from the previous year, reflects a realistic and pragmatic approach in the face of external headwinds and internal economic adjustments, global experts said.
Ahead of China's two sessions, four ambassadors have expressed their recognition of China's remarkable progress in its opening-up policies.
Ambassadors shared their views on China's growth prospects during the “two sessions”.
Foreign diplomats and international organization representatives expressed broad confidence in the country's development strategy on Wednesday, emphasizing its critical role in driving global economic recovery, fostering multilateral cooperation, and advancing sustainable development.