China's economy remains on solid ground with 'strong resilience and great potential,' according to Han Wenxiu, a top financial official, who addressed media during a high-profile press conference in Beijing on Friday. The remarks come as global markets closely watch Asia's largest economy for signs of stability.
Long-Term Growth Fundamentals Intact
Han, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, emphasized that China's economic foundations—including innovation-driven industries and a massive domestic market—are fueling sustainable growth. 🚀 'The supporting conditions for long-term development haven't changed,' he stated, pointing to advancements in green tech and digital transformation.
Innovation & Policy: Keys to Stability
While acknowledging external challenges, Han highlighted China's 'multiple advantages,' from its 1.4 billion consumer base to cutting-edge R&D ecosystems. Analysts suggest this optimism aligns with recent moves to boost private investment and streamline cross-border trade—a potential win for young entrepreneurs eyeing Asian markets. 💡
The briefing followed discussions at the fourth plenary session of the 20th CPC Central Committee, where policymakers reaffirmed commitments to balanced growth and global economic cooperation.
