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China's economy demonstrates remarkable resilience, vitality in 2025: spokesman

China

China's economy demonstrates remarkable resilience, vitality in 2025: spokesman
China

China

China's economy demonstrates remarkable resilience, vitality in 2025: spokesman

2026-03-03 16:31 Last Updated At:03-04 00:57

China's economy demonstrated remarkable resilience and vitality in 2025, achieving robust growth despite a complex domestic and international environment, an official said in Beijing on Tuesday.

Liu Jieyi, spokesman for the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body, briefed the press on the session, one day before its opening.

China's gross domestic product (GDP) expanded 5 percent year on year to 140.19 trillion yuan (about 20.4 trillion U.S. dollars) in 2025, cementing China's position as the world's second-largest economy, official data showed on Saturday.

"Over the past year, despite a turbulent external environment, China's economy has pushed forward with innovation-led and high-quality development under mounting pressure, demonstrating strong resilience and vitality. China's total economic output surpassed the 140-trillion-yuan mark, maintaining its leading position among major global economies in growth rate. The deep integration of sci-tech with industry has led to a surge in innovative achievements and the rapid development of new quality productive forces," Liu said.

The vitality of the world's second-largest economy was on full display during the nine-day Spring Festival holiday from Feb 15-23, which was described as the "longest in history."

"This longest ever Spring Festival holiday saw a significant boom in the catering, entertainment, and retail sectors. Domestic tourist spending exceeded 803.4 billion yuan, an increase of 126.4 billion yuan compared to the same period last year, underscoring the immense vitality of China's super-sized market," Liu said.

Liu further illustrated the nation's dynamism by referring to the 40-day Spring Festival travel rush from Feb 2 to March 13, the world's largest annual human migration, during which millions of Chinese journeyed back to their hometowns to reunite with family.

"The Spring Festival travel rush is projected to see a staggering 9.5 billion cross-regional passenger trips. This figure, equivalent to more than one trip for every person globally, reflects the surging vitality of a mobile China," he said.

Liu called on the 1.4 billion population to strengthen confidence, capitalize on strengths, and tackle challenges head-on to steer the Chinese economy toward steady and sustained growth.

"The Chinese economy has consistently grown by navigating challenges and maturing through trials. Although it still faces some persistent issues and new challenges, the Chinese economy has a solid foundation, advantages in many areas, strong resilience, and great potential. The conditions for and underlying trend of long-term growth remain unchanged," he said.

The CPPCC is an organization in the patriotic united front of the Chinese people, an important organ for multiparty cooperation and political consultation under the leadership of the Communist Party of China (CPC), and an important means of promoting socialist democracy in China's political activities.

It is neither a body of state power nor a policymaking organ, but an important platform on which various political parties, people's organizations, and people of all ethnic groups and from all sectors of society work together in democratically participating in state affairs.

In practice, CPPCC members serve as advisers for the government and legislative and judicial organs, and put forward proposals on major political and social issues.

"Focusing on key and pressing issues such as how to make macroeconomic governance more effective, build a modern industrial system, and develop a strong domestic market, we've carefully organized inspections, visits, and special research studies to propose practical measures and offer sound suggestions for promoting high-quality development," Liu said.

China's economy demonstrates remarkable resilience, vitality in 2025: spokesman

China's economy demonstrates remarkable resilience, vitality in 2025: spokesman

A group of demonstrators gathered in Bulgaria's capital Sofia on Monday to protest against U.S. and Israeli strikes on Iran.

The protesters rallied with signs reading "Do not engage war in Iran" and "We do not welcome U.S. military aircraft", to show solidarity with Iran.

"No one has the right to launch an attack on a sovereign country or interfere in its decisions," said Kostadin Kostadinov, chairman of the Bulgarian Revival party, while delivering a speech at the rally.

"The U.S. military equipment should not be brought to Bulgarian territory and the territory cannot be used in any form for military operation against Iran. We demand the U.S. military planes to immediately leave Bulgarian territory. This is not our war. The Iranian people are not our enemy. Iran is not our enemy," Petar Nikolaev Petrov, deputy chairman of the Bulgarian Revival party, said in his speech.

Several U.S. military planes have been deployed at Sofia Airport in recent days, though the Bulgarian government denied that they were linked to U.S. military operations.

The U.S. and Israel on Saturday launched strikes against Iran, plunging the war-torn Middle East into a new round of violence. Iran has retaliated with a series of counterattacks against Israel and U.S. targets across the region.

Protesters rally in Bulgaria against US-Israeli strikes on Iran

Protesters rally in Bulgaria against US-Israeli strikes on Iran

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