At the press conference on March 7, 2025, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi answered the question about China’s economy.

Wang Yi said, the Chinese economy registered a five-percent growth last year, continuing to stand out among the world’s major economies. We pulled it off amid a nationwide push for green transition, amid lackluster growth worldwide, and amid unilateral sanctions and suppression from the United States and others. It shows the distinct feature of the Chinese economy: go get it against all odds.

Wang Yi said, as President Xi Jinping pointed out, “We always grow in the wind and rain, and we get stronger through hard times.” Whether it was the global financial crisis or the COVID-19 pandemic, did the Chinese economy ever fail to withstand the immense challenges and achieve even better development? Our confidence comes from China’s super-sized market and huge domestic demand, from China’s robust industries and innovative drive, and more importantly from China’s institutional strength and reform and opening up. As people often say, “The next China is still China.” The Chinese miracle of unprecedented high-speed growth will be followed by even more remarkable high-quality development.