As global markets navigate uncertainty, China’s economic strategy continues to emphasize stability and innovation as twin pillars of growth, according to Zhou Mi, a research fellow at the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce. In a discussion with CGTN’s Zheng Junfeng, Zhou underscored how these principles enable China to adapt to shifting global dynamics while fostering long-term prosperity.
Zhou highlighted that stability provides a foundation for businesses and investors to operate confidently, particularly in sectors like green technology and advanced manufacturing. At the same time, innovation-driven policies—such as expanded R&D investments and digital transformation initiatives—are creating new opportunities across Asia’s supply chains and consumer markets.
Analysts suggest this dual approach strengthens China’s role as an anchor for regional economic integration, with cross-strait investments between the Chinese mainland and businesses in the Taiwan region reaching record levels in 2023. Cultural exchanges and academic collaborations are also growing, aligning with broader efforts to deepen partnerships under frameworks like the Regional Comprehensive Economic Partnership (RCEP).
For global stakeholders, Zhou’s insights offer a roadmap to engage with Asia’s evolving economic landscape. As digital infrastructure projects accelerate and sustainability goals reshape industries, observers note that China’s balanced strategy could influence development models worldwide.
