China's economy has officially surpassed the "140 trillion yuan" threshold! The 2025 economic report card was released on January 19. Over the past year, despite a complex and severe landscape marked by rapidly shifting external conditions and mounting domestic challenges, the Chinese economy sustained a growth rate of 5.0%, ranking among the top performers of major economies—a particularly commendable achievement. The contrast between the "difficulties" faced and the "successes" achieved reveals the powerful momentum of China's high-quality development, embodying the code to bravely forging ahead through wind and waves.
Maintaining resolve and solidifying foundations has consolidated the momentum of "stability." Despite deepening adverse external influences, China has persisted in basing its development on its own strengths, using the certainty of high-quality development to counter the uncertainty of a rapidly changing external environment. The gross domestic product (GDP) has reached a new high of over 140 trillion yuan for the first time, the scale of goods trade has hit another record, grain output has remained stable at 1.4 trillion jin for two consecutive years, and the value-added of the manufacturing sector has led the world for 16 straight years... A series of policies have been implemented solidly and provided strong support, enabling the Chinese economy to stabilize its development foundation and consolidate its roots amidst turbulence.
Actively seeking change and achieving breakthroughs towards innovation has accumulated the kinetic energy for "progress." By drawing momentum from reforms, the construction of a unified national market has advanced in depth, the law on promoting the private economy has been implemented, and results have been seen in the comprehensive rectification of "involution-style" competition; by drawing vitality from opening up, the Hainan Free Trade Port has commenced island-wide customs closure operations, the negative list for foreign investment access has been continuously shortened, and the "circle of friends" for visa-free travel has continued to expand; by pursuing development through innovation, a batch of major scientific research achievements have emerged, the innovation index ranking has entered the global top ten for the first time, and new quality productive forces have been continuously developed and strengthened... China has directly confronted problems and challenges, firmly deepened reform and opening up, and persistently led with innovation, continuously enhancing its endogenous driving force and potential for development.
Advancing under pressure while improving both quantity and quality demonstrates the characteristic of "resilience." Although the global trade order has been severely impacted and the transition between old and new domestic growth drivers involves growing pains, China's economy has still achieved a "quantitative leap" and a "qualitative improvement," fully showcasing its ability to adapt and overcome challenges, as well as its resilience to withstand pressure in an unstable and uncertain environment. Currently, China is a major trading partner for more than 150 countries and regions, a diversified pattern for stabilizing foreign trade is accelerating its formation, and high-tech, high-value-added products have become the main drivers of export growth. Looking globally, China's economic growth rate is among the highest of major economies, making it the most stable and reliable source of power for global economic growth.
This report card is a true portrayal of China's stable economic foundation, numerous advantages, strong resilience, and vast potential, and it is an even more vivid footnote to high-quality development. The 14th Five-Year Plan has concluded successfully, and a new journey has begun magnificently. As long as we maintain confidence in development, uphold strategic resolve, focus our efforts, and forge ahead with determination, we will certainly be able to overcome the difficulties and challenges on the road ahead, propelling the Chinese economy to ride the waves and advance steadily and far.
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