China's Economy Demonstrates Resilience and Vitality Amidst 2025 Challenges

Deep News
昨天

The press conference for the Fourth Session of the 14th National Committee of the Chinese People's Political Consultative Conference was held on the afternoon of March 3. Spokesperson Liu Jieyi briefed domestic and international media on the session's details and responded to questions.

Liu Jieyi stated that over the past year, despite a turbulent external environment, China's economy has advanced under pressure, evolving with renewed vigor and demonstrating strong resilience and vitality. The economic scale has surpassed the 140 trillion yuan threshold, with growth rates continuing to rank among the top major global economies. Deep integration of technology and industry has led to a surge in innovative achievements, fostering the rapid development of new quality productive forces.

The booming cultural and tourism consumption during the Spring Festival highlights China's vibrant dynamism. During this "longest-ever" Spring Festival holiday, bustling activity was seen in catering, entertainment, and shopping malls. Total domestic tourism spending exceeded 803.4 billion yuan, an increase of 126.4 billion yuan compared to the previous year, reflecting the vitality of a super-sized market. Cross-regional passenger trips during the Spring Festival travel rush are estimated to have reached 9.5 billion, equivalent to more than one trip per person globally, showcasing the energetic flow within China.

China's economy possesses a solid foundation, multiple advantages, strong resilience, and vast potential. Historically, the Chinese economy has advanced by overcoming difficulties and growing stronger through challenges. Although it continues to face existing issues and new challenges, its stable foundation, numerous advantages, strong resilience, and significant potential remain unchanged. The fundamental conditions and long-term positive trajectory are intact. With firm confidence, leveraging advantages, and effectively addressing challenges, China can consistently consolidate and expand the momentum of steady improvement, ensuring the economy advances steadily and sustainably through waves of change.

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