As trade frictions between major economies intensify, China's recent policy announcements during its annual political meetings have spotlighted its focus on economic resilience and technological innovation. International observers increasingly view the country as a stabilizing force amid shifting global dynamics.
Steady Hand in Unsteady Times
The 2025 Two Sessions parliamentary meetings reinforced China's commitment to consistent economic planning, with a projected 5% GDP growth target mirroring 2024's goals. NBC News characterized China's approach as a 'strategic decision to present itself as a global stalwart,' emphasizing policy continuity as a cornerstone of stability.
Tech Frontiers and Economic Ambitions
China's push for technological self-reliance took center stage, with substantial investments in AI, quantum computing, and 6G networks. The 'AI plus' initiative aims to integrate artificial intelligence across industries, exemplified by domestic innovations like DeepSeek's cost-effective solutions and the versatile Manus model capable of financial analysis and HR automation.
Building Global Partnerships
Indonesian Ambassador Djauhari Oratmangun noted in The Jakarta Post that China's focus on expanding free trade agreements—including upgrades to the China-ASEAN Free Trade Area and participation in digital economy pacts—creates new cooperation avenues. 'China's path toward sustainable growth aligns naturally with regional partners,' he observed.
Contrasting Economic Philosophies
While The Economist critiqued protectionist trends in Western trade policies, Singapore's Channel News Asia highlighted how China's digital infrastructure investments and low-altitude economy development are reshaping its global tech competitiveness. Analysts suggest these dual focuses on stability and innovation could redefine Asia's economic landscape in coming years.
Reference(s):
cgtn.com