COVID-19 has brought an unprecedented impact on the world's economic and social development, and China has borne a heavy cost. In the face of changes, the Chinese government has introduced a new concept of economic development in the 14th Five-Year Plan. What challenges and opportunities does China face in reviving its economy and implementing the new vision of development? How should the Chinese Renminbi be internationalized? And what will China's economy look like in the next five to ten years? To discuss these issues and more, CGTN sat down with Li Daokui, Director of Academic Center for Chinese Economic Practice and Thinking at Tsinghua University.