2025 marked a milestone as the Chinese mainland's economy rocketed past 140 trillion yuan in GDP, reflecting strategic industrial shifts and consumer-driven momentum.
Bert Hofman, chief economist at the Asian Development Bank, notes that diversified export markets and a robust recovery in domestic consumption have been major growth engines, while digital transformation drove business efficiency.
Andy Mok from the Hong Kong University of Science and Technology highlights technological upgrading drivers, from 5G rollout and artificial intelligence to green energy investments that are boosting productivity and opening new markets.
According to Liu Baocheng of the Development Research Center, mainland authorities are designing the upcoming 15th Five-Year Plan with priorities on high-tech manufacturing, deeper market-oriented reforms and sustainable development to secure long-term growth.
Experts agree that navigating demographic headwinds, managing corporate debt and adapting to shifting global trade dynamics will be critical in the next phase, even as opportunities in clean technology and tighter integration into global value chains emerge.
As the Chinese mainland gears up for its 15th Five-Year Plan, the world will be watching how innovation, strategic policy and economic resilience will redefine its role in the interconnected global economy.
Reference(s):
cgtn.com
