Skip to Content Facebook Feature Image

China's steady economic growth vital to global development: foreign experts

China

China

China

China's steady economic growth vital to global development: foreign experts

2025-01-18 22:27 Last Updated At:23:07

China's steady economic growth is vital to global development and the path of China's development will help shape the future of the world, foreign experts said.

The official data released by China's National Bureau of Statistics showed that the country's gross domestic product (GDP) grew five percent year on year to reach 134.9084 trillion yuan in 2024, meeting the annual target of around five percent.

"The speed of growth in China is remarkable, innovative spirit, connecting countryside to the city side, high-levelly opening up, new quality productive forces. You've seen China focusing in technology, and where will the world be focusing in the next five to ten years? Technology will solve many problems," said Jack Perry, chairman of 48 Group Club.

"China reached an economic growth of 5 percent, which is impressive, especially compared with the European countries, because many of them hope to see the growth like this. For China, we are a reliable partner. We not only provide the world with products, but also advanced technologies and we are also expanding our market in China. The Chinese government has been encouraging bilateral trade, which is very important to Europe. I think, the path of China's development will help shape the future. We will make changes to the global economy, involve the Global South, and promote the prosperity of the humanity," said Bernd Einmeier, chairman of the German-Chinese Society for Economy, Education and Culture.

"It's been proven that when the Chinese economy is thriving, most African economies also thriving. We can look at the aspect of various economic and infrastructure developments that have taken place in the past," said Esther Banda, a Zambian economist.

"Africa will remain important to China, and I think South Africa must keep the channels between South Africa and China open because that (China) is an economy that will continue to grow very, very strongly. And it's very important for South Africa and for the world economy," said Dawid Roodt, a South African economist.

China's steady economic growth vital to global development: foreign experts

China's steady economic growth vital to global development: foreign experts

China's steady economic growth vital to global development: foreign experts

China's steady economic growth vital to global development: foreign experts

Next Article

China ready to push ties with Argentina to higher level: FM

2025-02-15 22:02 Last Updated At:22:37

China is ready to work with Argentina to implement the important consensus reached by the leaders of the two countries and bring the bilateral relations to a new level, Chinese Foreign Minister Wang Yi said on Friday.

This will benefit the people of the two countries and help China and Latin America achieve common development and prosperity, Wang said. He made the remarks during a meeting with his Argentine counterpart Gerardo Werthein on the sidelines of the ongoing Munich Security Conference.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said that the Chinese and Argentine people have enjoyed a long-standing friendship, and China-Argentina cooperation is equal and mutually beneficial.

Last year, Chinese President Xi Jinping and Argentine President Javier Milei held a meeting and reached important consensus on consolidating and developing bilateral relations, said Wang.

China is willing to work with Argentina to implement the consensus reached by the two heads of state and strengthen exchanges at the high level and in all fields, so as to bring the bilateral relations to a new level and better benefit the people of both countries, he said.

Wang also said the two sides should continue to respect and accommodate each other's core interests and major concerns, and continuously consolidate the political foundation of bilateral relations.

Wang pointed out that China does not seek spheres of influence, nor does it participate in geopolitical competition. In international affairs, China firmly practices multilateralism and is willing to work with Latin American countries, including Argentina, to firmly safeguard the international rule of law and the basic norms of international relations, he said.

Wang noted that China-Argentina relations are an important part of China-Latin America relations. Over the past decade since its establishment, the China-Community of Latin American and Caribbean States (CELAC) Forum has effectively promoted China-Latin America cooperation and brought tangible benefits to the people of both sides, he said.

China is willing to work with Latin American countries to support the development and growth of the China-CELAC Forum, helping China and Latin America achieve common development and prosperity, said Wang.

Werthein said that Argentina attaches great importance to its relations with China, and looks forward to strengthening high-level exchanges and deepening pragmatic cooperation with China.

Noting that Argentina appreciates China's support for Argentina's defense of its sovereignty over the Malvinas Islands, Werthein said Argentina firmly adheres to the one-China principle and is willing to become a reliable and stable cooperative partner of China.

Werthein also said that Argentina will play an active role in promoting the development of Latin America-China relations on the basis of strengthening bilateral relations.

China ready to push ties with Argentina to higher level: FM

China ready to push ties with Argentina to higher level: FM

Recommended Articles