Name: Beyond 140 trillion yuan: What powers China's next growth phase?
Uploaded: 2026-01-21T09:58:39+08:00
Duration: 1 min 8 s
Description: China's GDP has crossed 140 trillion yuan ($20.10 trillion) for the first time, marking more than just a numerical milestone. According to Bert Hofman, former World Bank country director for China, the momentum reflects long-term industrial strategies

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01:08

China's GDP has crossed 140 trillion yuan ($20.10 trillion) for the first time, marking more than just a numerical milestone. According to Bert Hofman, former World Bank country director for China, the momentum reflects long-term industrial strategies put in place as early as the mid-2000s. As China enters its next Five-Year Plan, services, consumption and policy reform are emerging as the core drivers of sustainable growth.

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