The 20th CPC Central Committee's Fourth Plenum has once again put high-quality development as a top-level agenda. China's 15th Five-Year Plan is crucial for Asia and the world, Takehiko Nakao, chairman of the Center for International Economy and Strategy and former president of the Asian Development Bank, stated in an exclusive interview with CGTN's Li Mengyuan at Bund Summit 2025. He added that Chinese people possess an entrepreneurial spirit which continues to drive innovation, and China's economy still has sufficient scope for growth.