China’s growth amid headwinds

Article Type

Article

Description

The article highlights China's continued economic resilience despite global skepticism. After achieving a 5% GDP growth in 2024, China has set the same target for 2025, showing stable performance compared to slower-growing advanced economies. The country’s transformation is credited to its strategic pivot from quantity-driven to quality-focused growth, especially in manufacturing, renewable energy, and human capital development.

China's success lies in strong governance, high investment in education and STEM fields, efficient public-private sector collaboration, and a governance system that combines central planning with local execution. With a large number of STEM graduates and returnees from international education, China is becoming a global leader in innovation and infrastructure. Its high savings rate, integration into the global economy, and large middle class further support its growth amid external challenges.

Publication Source

The News International

Publication Date

3-29-2025

Pages

06

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