Chinese Vice Premier He Lifeng delivers a speech at the World Economic Forum in Davos, Switzerland, January 20, 2026. /CGTN
China's development is an opportunity, not a threat, and China is willing to leverage its market advantages and share its opportunities with other countries, Chinese Vice Premier He Lifeng said on Tuesday at the World Economic Forum in Davos, Switzerland.
China adheres to the principles of equality, mutual benefit and resolving issues through consultation to create win-win and multi-win outcomes, he added during his special address at the forum.
Since joining the World Trade Organization (WTO), China has not sought special treatment in WTO negotiations, He noted, adding that the country firmly upholds the WTO's long-standing trade organization principles and seeks cooperation to solve development challenges.
China will continue to expand its opening up, and its door will only open wider, the vice premier added, noting that it will proactively align with high international standards and rules and will continue to create a market-oriented and internationalized business environment, treating domestic and foreign enterprises equally.
China also hopes that foreign countries will provide a favorable environment for Chinese enterprises, He added.
China's economy, trade remain resilient amid global headwinds
China announced on Monday that its economy posted a 5-percent increase in 2025 amid domestic and external challenges, showing a trajectory of resilient and stable growth and remaining a powerhouse of the world economy.
Analysts believe the number is impressive given the U.S. tariff war, highlighting the flexibility and resilience of the Chinese market.
China's GDP reached a record 140.1879 trillion yuan (about $20 trillion) last year, data from the National Bureau of Statistics revealed.
"The description of China's economic growth performance in 2025, in one word, is resilience," said Sandile Swana, a South African governance and political analyst.
John Bryson, an expert in economic geography and professor at the University of Birmingham, said, "Some commentators might be surprised with this outcome given that this occurred during (U.S. President) Donald Trump's tariff war. However, this 5 percent demonstrates that Chinese politicians, policymakers and companies were able to adjust."
"China has been extremely effective in pivoting rapidly in response to Trump by searching out alternative markets for its products," he said, adding, "There were short-term negative impacts, but the search for alternative markets by Chinese firms has led to a positive overall outcome."
China's innovation-driven growth, an engine of the world economy
China will remain an engine of the world economy, driven by innovation that fosters high-quality development and empowers developing countries to achieve sustainable growth. China has entered the top 10 of the Global Innovation Index for the first time, according to the 2025 report released by the World Intellectual Property Organization.
"By the end of 2025, China remained a primary engine for the global economy, though the nature of its contribution was shifting from being just the world's factory to a leader in advanced technology and green energy," said Joseph Matthews, a senior professor at the BELTEI International University in Cambodia.
"By opening its markets at a time when the United States was disrupting access, China has saved many nations from economic disaster," Swana said. He noted that the country is pivoting towards high-tech and more technology-intensive jobs across its production sectors and playing a major role in supporting developing countries in innovation, science and technology.
"By prioritizing infrastructure development and technological innovation, China offers developing countries practical means to build sustainable growth and achieve genuine economic autonomy," said Herman Tiu Laurel, president of the Asian Century Philippines Strategic Studies Institute, a Manila-based think tank.
"China has helped reframe the global agenda around high-quality development and win-win cooperation," he added.
(With input from agencies)
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