Against the backdrop of the evolving geopolitical landscape, some people may feel perplexed about the prospect of global economic development. And there have been some talks about the uncertainties facing the Chinese economy.

I can say with certainty that the Chinese economy is advancing steadily on the right track. In the first half of the year, China’s major economic indicators showed positive performance, with GDP growing by 5.3 percent. The international community remains optimistic about China’s economic prospects.

The International Monetary Fund recently upgraded its growth forecast for the Chinese economy and multilateral financial institutions such as UBS, Deutsche Bank, and Fitch have also raised their growth forecasts for the Chinese economy in 2025.

In July, China’s monthly electricity consumption exceeded 1 trillion Kw/h for the first time in history. The data, released by the Chinese National Energy Administration at a government press conference, attracted significant attention from international media. After all, it is the first time in human history that a country’s monthly electricity consumption has surpassed 1 trillion kW/h.

Compared to the 503.4 billion kW/h in July 2015, this figure has doubled in just one decade. Electricity consumption is a critical barometer of one country’s economic performance. 1 trillion kW/h indicates the booming Chinese economy,........

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