Chinese Ambassador to the U.S. Xie Feng reiterated China's unwavering commitment to high-quality development and global economic cooperation during a keynote address in New York City on January 15, 2026. Speaking at the China General Chamber of Commerce-USA, Xie emphasized that China's strategic focus on innovation-driven growth and market openness remains unchanged despite external challenges.
Xie highlighted China's economic resilience, noting a projected 5% GDP growth for 2025 and total economic output surpassing 140 trillion yuan ($20.1 trillion). The ambassador revealed that China's goods trade increased by 3.8% year-on-year, with the trade surplus exceeding $1 trillion for the first time. These figures underscore China's dual role as both a major global exporter and importer.
The address coincided with the launch of China's 15th Five-Year Plan period, with Xie outlining plans to leverage institutional advantages and technological innovation. Key initiatives include expanding market access through the Hainan Free Trade Port and maintaining zero-tariff treatment for products from 46 least-developed countries with diplomatic ties to China.
Notable statistics from 2025 include the establishment of over 60,000 new foreign-invested enterprises in China during the first 11 months, representing a 16.9% year-on-year increase. U.S. companies maintained leading participation in major Chinese trade expos, signaling sustained international confidence in China's market potential.
Looking ahead, Xie projected that China's middle-income population could exceed 800 million within the next decade, creating substantial opportunities in sectors like renewable energy and advanced manufacturing. The ambassador called for enhanced China-U.S. business cooperation under principles of fairness and mutual benefit.
