China remains major contributor to global GDP growth: OECD advisor

A senior advisor from the Organization for Economic Cooperation and Development (OECD) on Friday underscored China's significant contribution to global economic stability, attributing its growth momentum to strong resilience and continuous industrial transformation.

The statement came just days after the organization further raised its forecast for China's real economic growth for 2025 to 5 percent in its latest economic outlook report.

In an exclusive interview with China Central Television (CCTV) in Beijing, Tamas Hajba, Head of the OECD Beijing Office, characterized China's economy in 2025 with three defining terms -- resilience, transformation, and vibrancy.

"Regardless of the external environment, China's economy performed well. China is also transforming its industry and restructuring industry," he said.

Having recently witnessed the capabilities of China's electric vertical take-off and landing vehicles (eVTOLs) in central China's Wuhan City, Hajba said he has been impressed by the innovation-driven changes that many industries in China have experienced in 2025.

"This electric 'helicopter' (eVTOL) which I saw at the automotive exhibition in Wuhan, I think it's really cool. It's really, really cool. It shows the future of technology, but it also shows that it's not only technology which exists on paper or a project, but it actually is going into commercial operations probably very, very soon," he said.

He also emphasized that Chinese enterprises are increasingly expanding their global footprint while driving forward with vigorous innovation at home.

"China has remained a key contributor, because China's integrated in the global economy, and also because of the reforms and market opening up measures. China's role will be and continues to be very, very important. China is also contributing to global advancement of technologies in sectors that are related to the green transformation," Hajba said.

China remains major contributor to global GDP growth: OECD advisor

China remains major contributor to global GDP growth: OECD advisor

China remains major contributor to global GDP growth: OECD advisor

China remains major contributor to global GDP growth: OECD advisor

China remains major contributor to global GDP growth: OECD advisor

U.S. President Donald Trump said Tuesday he will extend the two-week ceasefire with Iran that was set to expire on Wednesday night (midnight GMT Tuesday).

"Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal," Trump wrote on Truth Social.

The U.S. president said he will "extend the ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other."

The U.S. military will continue the blockade against Iran and "remain ready and able," according to Trump.

Iranian Foreign Minister Seyed Abbas Araghchi said in a post on X Tuesday that the U.S. blockade of Iranian ports is "an act of war and thus a violation of the ceasefire" and attacking Iranian merchant ships and detaining their crew members were even more serious violations.

"Iran knows how to neutralize restrictions, how to defend its interests, and how to resist bullying," Araghchi wrote in his post.

Mehdi Mohammadi, an advisor to Iran's parliament speaker Mohammad Bagher Ghalibaf, also said the U.S. blockade must be met with a military response, dismissing Trump's ceasefire extension announcement as "meaningless".

"Extending the ceasefire by Trump has no meaning. The losing side cannot dictate terms. Continuing the blockade is no different from bombing and must be met with a military response. Moreover, any extension of the ceasefire by Trump is certainly a way to buy time for a surprise attack. Now is the time for Iran to take the initiative," Mohammadi posted on X.

Trump extends ceasefire; Iran vows military response to naval blockade