As a new round of China-US trade talks is underway in Paris, global attention is once again on the resilience of China's economy. With Chin'a GDP having exceeded 140 trillion yuan in 2025, China demonstrated growth momentum that can withstand external pressure and global uncertainty. According to Bert Hofman, former World Bank country director for China, this resilience reflects long-term industrial strategies launched in the mid-2000s that are now paying off. Looking ahead to the next Five-Year Plan, services, consumption and policy reforms are expected to drive China's next phase of high-quality growth.
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