Consistently and unwaveringly pursue economic development as the central task
2026-03-30 10:40 环球时报网英文版
At present, China"s economic development faces a complex external environment: increasing global turbulence, instability in the Middle East, rising trade barriers, and the risk of prolonged slowdown in global growth. Nevertheless, China has maintained strategic resolve, focusing on medium- and long-term development goals and advancing step by step. "Strong and resilient the tree stands, no matter which way the wind blows." China formulates its economic policies to manage its own affairs well, and has never been, is not, and will not be swayed by external shocks.
The second misinterpretation is that "China"s macroeconomic policies have limited effect and lack sufficient strength, indicating that it is no longer centered on economic development."
The data speak for themselves: During the 14th Five-Year Plan period (2021-25), China"s total economic output achieved "four consecutive leaps," successively surpassing milestones of 110 trillion, 120 trillion, 130 trillion, and 140 trillion yuan, with an average annual growth rate of 5.4 percent, significantly higher than the global average. The scale of value added in manufacturing has ranked first globally for 16 consecutive years, and China"s position as the world"s largest trader in goods has been further consolidated. More than 60 million new urban jobs have been created cumulatively.
These achievements did not come out of thin air, but are the result of strong and effective economic policies. China has actively responded to US-imposed tariffs, fully leveraged existing policies, and introduced a series of new measures to stabilize employment and the economy, effectively offsetting downward pressure; implemented a more proactive fiscal policy and a moderately accommodative monetary policy, lowered policy interest rates and the reserve requirement ratio, and continuously reduced overall financing costs for society; and expanded the consumer goods trade-in program.








