Resilient Chinese Economy Brings Global Prosperity
In the first three quarters of 2025, China's GDP grew by 5.2 percent year-on-year. The economy maintained a generally stable and improved development trend, injecting certainty and stability into the global economy. Looking ahead, China is well placed to lead global cooperation with a more open and inclusive attitude and create a future of shared prosperity.
Driving global economic growth
Achieving this growth is especially commendable amid current geopolitical tensions and global economic uncertainty, said Luis Fernandez, senior researcher at the World Economic Research Center of the University of Havana. He emphasized that China's steady economic growth plays a vital role in the global economy and will significantly benefit countries that cooperate with China.
Patricio Giusto, director of the Sino-Argentine Observatory, said in the first three quarters, the total industrial output value of enterprises above designated size across China increased by 6.2 percent year-on-year, while the growth rate of industrial production showed a steady and positive trend. The equipment manufacturing industry and high-tech manufacturing sector performed particularly well, he added, noting that development of AI has ushered in a historic opportunity. "This data have convinced people that China is fully capable of achieving the expected economic growth target for the entire year of 2025," Giusto said.
Janusz Piechociński, former deputy prime minister and economy minister of Poland, noted that China's stable economic performance is closely tied to its vast consumer market, comprehensive industrial supply chains, and the visionary and scientific approach of its macroeconomic policies. He highlighted that China is home to the world's largest middle-income population, whose strong domestic demand provides a powerful engine for the country's internal economic cycle.
Mercedes Pita, the director of communications for the World Sustainability Foundation, Ecuador, said the stable operation of China's economy and its continuous expansion of opening up are of great significance to global economic growth.
Deepening reform and opening-up benefits the world
Bernard Dewit, president of the Belgian-Chinese Chamber of Commerce, believes that, "A country with a continuously growing economy and an increasingly open market plays a crucial role in maintaining global stability and promoting common prosperity." China is unwaveringly committed to comprehensively deepening reform and opening up, sending out positive signals such as confidence, cooperation and inclusiveness to the international community. In the current era where an increasing number of global challenges require countries to work together to address these, China is injecting strong impetus into building a more resilient and mutually beneficial world economy, said Dewit.
Leung Chee Wah, secretary-general of the Association of Belt and Road Malaysia, said China emphasizes the development of new quality productive forces, which will bring extensive cooperation opportunities to global partners including Malaysia, such as opportunities for technology implementation and market alignment, promoting the establishment of a more closely-knit and mutually beneficial cooperative framework.
Jürgen Klute, the co-founder of the Europe Silk Road Connect, said the uncertainty of the international environment has not weakened the resilience of China's economy. China has demonstrated a firm determination and policy stability in responding to external pressures and promoting high-quality development. The pace of China's opening-up and innovation will keep moving forward.
Luigi Gambardella, president of the Brussels-based international digital association ChinaEU, considered that China has become an indispensable engine driving global industrial transformation. China's experience in the digital economy, green development, poverty alleviation and other fields will provide references for countries seeking stable growth.