CHINESE macro-economy remained resilient inching towards massive green transition, qualitative industrialization, modernization and massive opening-up during 2021-2025 in which immaculate planning of the 14th Five Year Plan period played an important part.

Ultimately its economic increment is projected to exceed 35 trillion yuan (US$4.89 trillion). Thus it has complete industrial supply chains. Additionally, over the first four years of the period, the national economy expanded at an average annual growth rate of 5.5 percent surpassing all the regional as well as global economies showing its capacity to overcome all internal and external shocks in terms of the pandemic and trade bullying, unilateral sanctions and tariffs. Hence, China’s growth is an unprecedented achievement given its vast economic scale.

China’s heavy investment in R&D surged nearly 50 percent or 1.2 trillion vividly reflecting its great economic dynamism during 2020-2025. Moreover, a phenomenal increase in the information of private enterprises surpassing 58 million at the end of May 2025, over 40 percent higher than 2020 clearly demonstrates the rise of the private sector mitigating western false and fake propaganda of SOE orientation of its economy. Consequently, the last five years should be termed as a period of pioneering progress, transformative breakthroughs and historic achievements. Ultimately, China has become the most stable, reliable, diversified, modern and dynamic force in global development achieving wonders in the spheres of economy, society and system.

It augurs well that its economy is contributing about 30pc annually to global economic growth. The steady economic performance has also translated into tangible livelihood improvements. Urban job creation........

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