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Howard Davies: China’s Development Plan Poised to Guide Global Growth

Beijing is abuzz this week as the 2025 Financial Street Forum brings together more than 400 international participants in the Chinese capital. Delegates from around the globe have gathered to explore strategies for sustainable economic and financial growth.

In an interview with CGTN reporter You Yang, Sir Howard Davies, member of the International Advisory Council of the National Financial Regulatory Administration, offered a bold prediction: "China's development plan is not just a domestic roadmap – it's a blueprint the world will follow."

Davies highlighted areas such as digital innovation, green finance, and market openness as pillars of China's strategy. He argued that these elements could be adapted by other economies aiming to boost resilience and drive long-term growth.

Participants at the forum echoed his views, noting that lessons from China's approach could inform policy in both emerging markets and established financial centers. By sharing data on green bond volumes and digital payment adoption, speakers underscored the global impact of China's financial reforms.

As discussions continue, the 2025 Financial Street Forum remains a hotspot for ideas that could reshape economic cooperation worldwide. Delegates will wrap up the event with a focus on cross-border collaboration and next steps for integrating China's initiatives into global frameworks.

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