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Global observers hail China's high-quality development

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China

Global observers hail China's high-quality development

2026-03-07 20:10 Last Updated At:21:37

This year's "two sessions" -- the annual meetings of China's top legislature and top political advisory body -- are drawing intense global interest, as international observers hail the country's high-quality development.

The fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference commenced on Wednesday, one day before the opening of the fourth session of the 14th National People's Congress (NPC).

Lawmakers are set to deliberate on the annual government work report, review the draft government budget and development plan for 2026, and examine a draft outline of the 15th Five-Year Plan (2026-2030) for national economic and social development.

The new five-year plan will offer a strategic roadmap -- not merely a list of tasks, but a framework guiding how the country will navigate its development priorities, ranging from strengthening its supply-chain capacity to advancing its low-carbon transformation.

For global corporations with deep roots in the Chinese market, the signals from the two sessions are critical for long-term strategy.

"For many years, we have not only been doing research and development and production in China, but in recent years we have also set up innovation centers to collaborate with the entire local ecosystem. The huge size of the Chinese market benefits us greatly, and the changes brought about by digitalization are also very exciting. I believe both sides can benefit each other," said Elisabeth Staudinger, a member of the Siemens Healthineers managing board.

This sentiment of mutual benefit was echoed by Janusz Kuzmicki, director of the Shipping Department at Chipolbrok, the Chinese-Polish joint venture shipping company.

"During these years, I could see big changes which happened with Chinese economy, how it is now, how it was in the past. And we can see how deeply China became not only part of business relations in the world, but China creating the worldwide business in the way that they are coming with competitive and technologically advanced solutions. [In] China there is a lot of know-how and technology, which is comparable to the leading worldwide producers. And nowadays it's difficult to imagine the world economy without the strong participation of China in all the projects worldwide," he said.

Muhammad Ali, managing director and CEO of the News Agency of Nigeria, expressed admiration for China's policy focus, particularly in social development.

"I'm particularly impressed by the ability or the focus to create more jobs and increasing research development. And China, given its numerical strength, creating multitude of jobs, especially in the urban areas, is quite an impressive thing," he said.

Government officials and lawmakers from around the world are also watching with keen interest as to China's path forward.

"From the two sessions, like I said, China is moving a step ahead, is moving forward very well. Why am I saying so? If you go to China, you see all these. In terms of technology, infrastructure, running the economy, they are moving very well. The figures show that there is tremendous, good progress," said Harry Kamboni, a member of parliament in Zambia.

Global observers hail China's high-quality development

Global observers hail China's high-quality development

Smart innovations are driving the upgrade of China's manufacturing industry, said Nan Cunhui, chairman of Chinese smart energy solutions provider CHINT Group, on Saturday.

As a member of the Chinese People's Political Consultative Conference (CPPCC) National Committee, China's top political advisory body, Nan made the statement at a group interview on the sidelines of the ongoing 4th session of the 14th CPPCC National Committee in Beijing, saying that CHINT Group's development over the past four decades is a good example of industrial transformation.

"The transformation and upgrading of the manufacturing industry cannot be achieved without technological innovation that integrates digitalization with intelligentization. Over the past more than 40 years of innovative growth, CHINT Group has evolved from a traditional electrical equipment manufacturer to a new energy solutions provider, and now to a comprehensive energy service provider. Each step of its transformation has been driven by technological innovation and digital integration which foster sustainable development," Nan said.

CHINT Group began its journey as a switch producer in 1984 and has gradually evolved into a major global smart energy solution provider. Today, the company integrates the entire industrial chain of power generation, storage, transmission, transformation, distribution and use.

From the extremely cold areas of Finland to the deserts of Saudi Arabia and the tropical rainforests of Ecuador, CHINT has expanded its footprints to over 100 countries and regions.

Since 2006, CHINT has ventured into the photovoltaic new energy field, quickly establishing international competitiveness in the development, design, investment, construction, operation and maintenance of photovoltaic power plants.

Nan said his company has been combining AI with the green energy industry and developing key technologies such as new-type energy storage.

"We keep making breakthroughs in key technologies such as virtual power plants, new-type energy storage and solid-state transformers, while steadily enhancing capabilities in intelligent manufacturing, green manufacturing, and service-oriented manufacturing. In our factories, the entire process, from order placement to product delivery, is driven by data and algorithms. This has reduced overall operating costs by 20 percent and increased efficiency by 50 percent," he said.

Nan said CHINT has shared its smart transformation with many small-sized companies in the country.

"In recent years, CHINT Group has leveraged AI and cloud platform technologies to develop industry-specific large models, leading supplier partners to carry out digitalized transformation, and promoting common growth of small, medium-sized and micro enterprises," he said.

China's fourth session of the 14th CPPCC National Committee opened on Wednesday and is scheduled to run through March 11.

Innovation drives transformation of manufacturing industry: CPPCC member

Innovation drives transformation of manufacturing industry: CPPCC member

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