Editor's note: XINQI Discovers China is an ongoing series on CGTN hosted by Emma Ho, a journalist from Malaysia, and Séan Doherty, a journalist from Ireland. The article reflects the authors' views and not necessarily those of CGTN.

As China crosses the finish line of its 14th Five-Year Plan (2021–2025) period, two truths about its transformation cut through the noise — distinct, yet inseparable: The stability that acts as its unshakable backbone, and the bold economic restructuring reshaping its future. To get beyond headlines and into real lives, Séan Doherty and Emma Ho hit Beijing's streets, talking to expats and locals who have witnessed China's shift — they have also personally experience the changes. What they uncovered isn't just data or trends, but a clear view of where China's been, where it stands now, and where it's heading.

Stability as the foundation for growth

Séan emphasized that peace and stability are not just byproducts of government policy but essential prerequisites for achieving ambitious developmental goals. Under the 14th Five-Year Plan, China has prioritized high-quality economic growth, technological innovation, and ecological progress, all amidst global uncertainties exacerbated by the COVID-19 pandemic.

He noted that the plan's commitment to "wider opening-up" has allowed the economy to flourish, with urban unemployment consistently maintained below 5.5 percent. This stability has fostered an environment where new services, applications, and technologies can thrive, reflecting a resilient economy that contributes approximately 30 percent to global growth annually. The reduction of restrictions and enhancement of market access have created a vibrant landscape for business and cultural exchanges, showcasing how stability translates into tangible progress.

Restructuring for sustainable growth

On the other hand, Emma has observed a significant shift in China's growth paradigm. While the country may not be experiencing the same level of expansion as seen in previous decades, the transition from rapid growth to a focus on restructuring and sustainability is indicative of maturity rather than weakness. Conversations on the streets reveal a consensus that China is embracing new growth drivers such as artificial intelligence, robotics, and advanced manufacturing.

Emma likens China's economic journey to that of a runner: "You can't sprint forever. At some point, you need to find your pace." This metaphor captures the essence of the current moment — China is recalibrating not to weaken but to move smarter and steadier. The new normal, as described by industry professionals, emphasizes sustainability and resilience over sheer speed. This mindset represents a broader national sentiment that acknowledges the need for different phases of economic development, leading to a more sophisticated and intelligent approach to growth.

Innovation and technological advancement

Both observers agree on the role of innovation as a cornerstone of China's future. Séan pointed out that the plan's emphasis on "innovation-driven development" has spurred significant advancements in technology, particularly in the realm of artificial intelligence. The stable policy environment has allowed resources to be allocated effectively in research and development, enabling China to achieve breakthroughs without the extensive expenditures seen elsewhere.

Ecological and social considerations

The 14th Five-Year Plan also prioritizes ecological progress and improvement of people's livelihoods.  Séan elaborated on the the successful implementation of green city projects, which require long-term stability to flourish. Expats have noted the enhanced livability of cities like Beijing, where green initiatives have turned urban spaces into vibrant environments.

Emma added that this period of restructuring is not just an economic shift but a social one as well. The emphasis on digital governance and improved public services underscores a commitment to enhancing the quality of life for all residents, including expats.

Conclusion: A future of thoughtful growth

The 14th Five-Year Plan period has been a time of both stability and restructuring, both proving essential for achieving ambitious goals. As China prepares for its 15th Five-Year Plan, the challenge will not be how fast it can grow, but how well it can evolve into a more sustainable and innovative economy. This dual focus may very well set the stage for a future where growth is defined by resilience, quality, and technological prowess.