An aerial drone photo taken on Dec 2, 2025 shows container ships berthing at the Meishan port area of the Ningbo-Zhoushan Port in East China's Zhejiang province. [Photo/Xinhua]
Over the past decades, China has delivered 30 percent of global economic growth on the back of its deployment of innovation at speed and scale. A key result is that China's stable prices and efficient supply chains have helped to mitigate global inflationary pressures amid elevated inflation in major advanced economies.
China's gross domestic product grew 5 percent in the first quarter of this year, beating expectations and displaying robust growth in exports and imports.
Factory activity remained resilient, with the official manufacturing purchasing managers' index standing at 50.3 in April, slightly easing from 50.4 in March but still holding above the 50-point expansion threshold. High-tech and equipment manufacturing continued to outperform, with PMI readings of 52.2 and 51.8 respectively, highlighting the ongoing structural transformation toward new growth drivers.
China's economic resilience rests firmly on its deep cooperation with Asian partners to create new opportunities for the region.
