Name: China's economic transition: Building on a solid foundation
Uploaded: 2026-01-01T14:24:16+08:00
Duration: 2 min 47 s
Description: China's economy is projected to reach its growth target of around 5 percent in 2025. During the year, the country's global innovation index ranking rose to 10th, and over 12 million new urban jobs were created. These impressive figures demonstrate the

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02:48

China's economy is projected to reach its growth target of around 5 percent in 2025. During the year, the country's global innovation index ranking rose to 10th, and over 12 million new urban jobs were created. These impressive figures demonstrate the strong resilience of China's economy, consolidate the hard-won development achievements, and lay a solid foundation for the future.

2026 sees the start of the 15th Five-Year Plan period (2026-30). In the new year, which areas of the Chinese economy will undergo transformation? CGTN's Zheng Junfeng explains.

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