Participants communicate with each other before the opening ceremony of the World Economic Forum's 17th Annual Meeting of the New Champions, or the 2026 Summer Davos forum, in Dalian, Liaoning province, on June 24. ZOU HONG/CHINA DAILY

Confidence in China's economic prospects remains strong among officials, economists and global business leaders, as the world's second-largest economy continues to demonstrate resilience, vitality and long-term growth potential despite external headwinds.

They said China remains well positioned to achieve its annual growth target of 4.5 to 5 percent, and make further progress in innovation-led growth supported by a solid start to the year, effective macro policy support and the rapid expansion of new growth drivers.

With buoyant growth prospects, a vast domestic market and expanding innovation capacity, China will continue to be a key growth engine for the rest of the world, they added.

Jiang Ying, chair of Deloitte China, said she is confident in the long-term prospects of the Chinese economy, citing its consistent performance in recent years and a strong first quarter as signs of underlying resilience.