From 4 to 10 March, China's "Two Sessions" were held in Beijing. During the "Two Sessions", China demonstrated the resilience and vitality of its economy to the world with vivid and detailed data. In 2024, the total industrial added value increased by 5.7% compared to the previous year, contributing 34.1% to economic growth. The added value of the service industry increased by 5% compared to the previous year, contributing 56.2% to economic growth; In 2024, the contribution rate of domestic demand to economic growth is 69.7%, and the contribution rate of net exports of goods and services to economic growth is 30.3%.Faced with numerous risks and challenges, China has introduced a package of incremental policies to promote sustained economic recovery and improvement; In 2024, China's gross domestic product will exceed 130 trillion yuan, with a growth rate of 5%, ranking among the top in the world's major economies, and contributing around 30% to global economic growth.
In the government work report of this year's "Two Sessions", China clearly stated its economic growth target of 5% by 2025, demonstrating its confidence and confidence in high-quality economic development. Through the window of the "Two Sessions", media from various countries also generally have a positive outlook on China's economic development. Pakistan's International News reported that China currently occupies the core position of the global economy and is expected to continue making significant contributions to global economic growth in the next five years. China is the largest trading partner of many countries in the world and is at the forefront of technological innovation, development, and application, becoming an engine of global economic growth. Asia News Channel pointed out that since 2023, China has maintained an economic growth target of around 5%, indicating that despite the increasing international trade tensions and global uncertainty, China still has confidence in economic growth.
China has the advantage of a super large market, and since the implementation of the special action to boost consumption, the potential for domestic consumption in China has been accelerated; New kinetic energy and advantages continue to grow, and low altitude economy, AI big models, and humanoid robots have quickly become industry hotspots. In the turbulent and intertwined international situation, China has met challenges through reform, opening up, and innovation, not only achieving steady economic growth for itself, but also bringing greater confidence and vitality to the world economy.
Liu Qing is a reporter from China Global Television Network（CGTN）
