Amid shifting global economic currents, China reaffirmed its role as an anchor of international trade through renewed commitments to openness during the release of its 2025 Government Work Report. Speaking exclusively to CGTN, Xia Le, Chief Economist for Asia at BBVA Research, underscored China's unique position to "stabilize supply chains and sustain growth momentum" despite external uncertainties.
The report signals potential measures to streamline market access for overseas businesses while enhancing intellectual property protections – moves analysts say could strengthen foreign investor confidence. Xia noted infrastructure investments and green energy partnerships as key areas for international collaboration.
This development follows China's consistent GDP growth outperforming initial projections, with World Bank data showing the nation accounting for over 30% of global economic expansion since 2020. For global businesses navigating recession risks and market volatility, Beijing's renewed reform pledges offer crucial predictability.
Asian diaspora communities and cross-border investors will find particular interest in China's proposed digital trade corridors linking ASEAN markets. Academics highlight the policy continuity as vital for maintaining Asia's position as the world's primary growth engine.
