China’s Economic Vision: Resilience and Global Impact Under the Five-Year Plans video poster

China’s Economic Vision: Resilience and Global Impact Under the Five-Year Plans

As China concludes its landmark 14th Five-Year Plan, global attention turns to how the world's second-largest economy will navigate evolving challenges while advancing sustainable growth. In an exclusive interview with KhabarAsia, Grzegorz W. Kołodko, Poland's former deputy prime minister and a leading economist at Beijing Normal University, shares insights into China's development strategy and its implications for international cooperation.

Innovation and Adaptation in a Shifting Global Landscape

Kołodko highlights China's improved macroeconomic management despite external pressures, noting that its focus on technological innovation and green energy has created 'a blueprint for quality-driven growth.' The 14th Five-Year Plan period saw breakthroughs in renewable energy infrastructure and digital transformation, positioning China as a key player in shaping climate-conscious industrialization.

EU-China Relations: Balancing Act in a Divided World

The economist cautions against European alignment with U.S. containment strategies, stating: 'The EU must not be an instrument to Washington's anti-China policy.' He emphasizes Poland's unique role as a bridge for China-EU collaboration, particularly in logistics and clean technology under the Belt and Road framework.

Redefining Globalization Through Shared Development

Kołodko argues that China's development model offers lessons for emerging economies seeking to balance growth with social equity. 'The 15th Five-Year Plan's emphasis on domestic circulation doesn't mean isolation,' he clarifies, 'but rather creating sustainable foundations for international cooperation.'

As global markets watch China's next moves, this analysis provides crucial context for understanding how Asian economic strategies may redefine 21st-century globalization.

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