Feel China confidence and strength through the hot words of China govenment two sessions
In recent days, the international community has continued to focus on China's two sessions, paying close attention to key topics such as "new quality productivity", "high-quality development", and "expanding high-level opening up", and has also noticed new concepts and new expressions such as "embodied intelligence", "gazelle enterprises", and "investing in people". Overseas people generally believe that from the hot words of the two sessions, people can more clearly feel the full vitality and vigor of China today. China, which focuses on the long-term and is down-to-earth, will surely inject valuable confidence and strength into global stable development.
Anchoring development goals and boosting global confidence
Hot word 1: expected target
Around 5% - this is the expected target for China's economic growth this year as clearly stated in the government work report. At a time when the global economic recovery is weak and uncertainties and instability are increasing, China, as the world's second largest economy, has attracted much attention at home and abroad on what kind of economic growth target it will set in 2025 and how to achieve this goal.
"This goal reflects China's confidence in maintaining stable economic growth in a complex international environment, and also shows China's determination to move forward firmly on the road of high-quality development." Dennis Depp, co-president of the global management committee of Roland Berger, a German management consulting firm, believes that the series of policies proposed in the government work report will not only help promote China's economic transformation and upgrading, but also provide more opportunities for foreign-funded enterprises.
This year is the third consecutive year that the government work report has set the GDP growth target at around 5%. "Looking at the economic growth targets set by China over the years, they are all down-to-earth and step by step." Nasser Bushiba, chairman of the Morocco-Africa China Cooperation and Development Association, said, "The economic growth target of around 5% reflects the pragmatic style of the Chinese government, which is both courageous in facing difficulties and challenges and showing firm confidence."
Hot word 2: Closing year
This year is the closing year of the 14th Five-Year Plan. The government work report proposes that "high-quality completion of the goals and tasks of the 14th Five-Year Plan will lay a solid foundation for a good start to the 15th Five-Year Plan".
"During the 14th Five-Year Plan, China is committed to promoting the process of national modernization and has made significant progress in many aspects, reflecting a unique concept of modernization and development model." Alpha Abdoulaye Diallo, publishing director of Guinea's "Popular Daily", said.
Weng Zhongyi, executive director of the Asia-Pacific "Belt and Road" Co-Planning Association, a Malaysian think tank, noted that with the arrival of the closing year of the 14th Five-Year Plan, the Chinese government has vigorously promoted innovation-driven development, emphasized the all-round expansion of domestic demand, and promoted high-level opening up to the outside world, further consolidating its position as a "stabilizer" of the global economy.
Hot word three: high-quality development
This year's government work report proposed annual work arrangements and key tasks from the aspects of building a high-level socialist market economic system, building a modern industrial system, promoting comprehensive rural revitalization, promoting regional coordinated development, and promoting high-level opening up, and effectively implemented the requirements of promoting high-quality development in all areas of the entire process of economic and social development.
"High-quality development means high technology, high innovation, and high sustainability, which will promote our development in China and achieve sustained growth in our business in China." said Rob Smith, CEO of Germany's KION Group. This world-renowned forklift manufacturer and supply chain solution provider has 6 production bases in China, and also has its headquarters for industrial vehicles and service businesses in the Asia-Pacific region in China.
Xiao Song, global executive vice president of Siemens, said that in the past few decades, multinational companies have witnessed and participated in the "1.0 era" of rapid growth in China. Now it has entered the "2.0 era" of growth. A complete and mature supply chain system and a diversified talent pool constitute the "basic plate" of China's high-quality development, and new technologies such as artificial intelligence, robots, and new energy have built a "new track" for development. "I believe that the next China will still be China, and it will be a different China... The Chinese market will provide more development opportunities for multinational companies."
Strengthen scientific and technological innovation and enhance economic resilience
Hot word 4: New quality productivity
"Develop new quality productivity in accordance with local conditions and accelerate the construction of a modern industrial system" is one of the focus topics of this year's two sessions. The term "new quality productivity" has been included in the government work report for two consecutive years.
Viren Pichawonpad, director of the Thai-Chinese "Belt and Road" Research Center, said that China's development of new quality productivity and its emphasis on both scientific and technological innovation and industrial innovation are of great significance. In recent years, China has actively cultivated strategic emerging industries such as new energy, new materials, and electronic information, and led the development of new quality productivity with scientific and technological innovation. China's new quality productivity is accelerating its integration into the global value chain, providing more choices for the world and empowering the development of more countries.
"Chinese companies have taken the lead in network infrastructure, folding screen technology, advanced camera systems, and innovative products driven by artificial intelligence, and are competing with global giants." During the two sessions, Luigi Gambardella, chairman of the China-Europe Digital Association, told reporters at the Mobile World Congress in Barcelona, Spain that China will accelerate the development of new quality productivity and encourage the development of emerging industries such as digital economy, intelligent manufacturing and new energy, which will make important contributions to promoting global technological innovation and enhancing global economic resilience.
Hot word 5: Embodied intelligence
This year's government work report proposed for the first time to cultivate future industries such as embodied intelligence. Generally speaking, embodied intelligence refers to giving robots artificial intelligence to make them "thinking robots."
"As a fusion of artificial intelligence and robotics technology, embodied intelligence will help reshape China's manufacturing industry." Anna Voinovich, a reporter from the Radio and Television of the Republic of Bosnia and Herzegovina, said. In the past few days, she has been following the two sessions of China, and she is impressed by the Chinese government's emphasis on the development of cutting-edge science and technology. "It is expected that China will introduce special policies to encourage the development of this future industry, thereby promoting continuous innovative breakthroughs in humanoid robots, which will also inject new momentum into the development of related industries in the world."
Hot word six: Unicorn companies, gazelle companies
DeepSeek came out of nowhere, humanoid robots performed Yangko on the Spring Festival Gala, and "Black Myth: Wukong" became popular and "broke the circle"... Behind these phenomena, a group of Chinese technology companies have risen rapidly on the world stage. This year's government work report proposed to support the development of unicorn companies and gazelle companies.
Unicorn companies and gazelle companies are based on technological innovation or business model innovation, with strong innovation capabilities and great development potential. They are another bright spot in China's economic development in recent years.
"This type of new type of enterprise representing the development direction of future advanced productivity has emerged intensively, becoming a vivid example of China's continued deepening of supply-side structural reforms." Irfan Shahzad Takalvi, director of the Pakistan Eurasian Century Institute, said, "China's use of technological innovation to promote industrial innovation will surely breed more future industries and emerging companies with advanced productivity and creativity."
Adhere to open cooperation and share China's opportunities
Hot word seven: Expand high-level opening up
This year's government work report clearly stated that it would expand high-level opening up, actively stabilize foreign trade and foreign investment, and make a series of specific arrangements for "stabilizing foreign trade development" and "vigorously encouraging foreign investment".
Chen Guangyan, honorary professor and economist at Nanyang Technological University in Singapore, noted that in recent years, China has accelerated the opening up of finance, technology, energy and other fields to foreign investment, and focused on optimizing the business environment. At the same time, China has implemented the strategy of upgrading free trade pilot zones and fully implemented the Regional Comprehensive Economic Partnership Agreement. "China's opening-up policy focuses on mutual benefit and win-win results, rather than unilateral profit. China focuses on local capacity building and promotes local economic development in cooperation, and is a partner committed to promoting inclusive growth."
"China has taken a variety of measures to expand its opening up, demonstrating China's determination to welcome more economic partners, attract new investment and strengthen trade cooperation." Mohamed Youssef, executive director of the Egyptian Entrepreneurs Association, said.
Hot word eight: "Invest in China" brand
Recently, well-known foreign companies such as Toyota of Japan and Zeiss of Germany have announced that they will continue to increase their efforts to deploy in China. International investors generally believe that China is still an investment hotspot with unlimited development potential.
"For multinational companies, China is not only an important part of the global supply chain, but also a key market for innovation and growth." Depp said. He highly praised the "continuous creation of the 'Invest in China' brand" emphasized in the government work report, and believed that the international environment has been complex and changeable in recent years, and the stability and growth potential of the Chinese market have strong appeal to global investors.
Hot word nine: jointly building the "Belt and Road"
This year's government work report proposed to promote the high-quality joint construction of the "Belt and Road" to go deeper and more practical.
Marcos Oliveira, editor-in-chief of Brazil's "Business Observer", noted that in 2024, China's imports and exports to the countries that jointly built the "Belt and Road" increased by 6.4%, and the proportion of countries that jointly built China's imports and exports exceeded 50% for the first time.
"The Belt and Road Initiative has become an important driving force for global infrastructure construction." Raquel Leon de la Rosa, a China expert at the Meritorious Autonomous University of Puebla, Mexico, said, "This initiative not only improves transportation conditions in the co-construction countries, but also promotes international education cooperation, technology transfer and green development. Such an open economic cooperation model not only benefits the co-construction countries, but also makes the globalization process more inclusive and fair."
Contribute Chinese solutions and provide Chinese experience
Hot word ten: Invest in people
This year's government work report proposed to "promote more financial resources to 'invest in people' and serve the people's livelihood." The term "invest in people" appeared in the government work report for the first time, attracting attention.
The "invest in people" mentioned in the government work report impressed Sherik Korzhumbayev, editor-in-chief of Kazakhstan Industry Daily. He said that "investing in people" is in line with the concepts of "people-oriented" and "accelerating the construction of a strong country in human capital." "Investing in people can better bring out the advantages of talents, and at the same time help promote the formation of a more dynamic consumer market and form a positive cycle."
Radomir Diklic, president of Serbia's Beta News Agency, said: "China strives to stimulate the people's innovation ability and strives to build the country into a place where people can live and work in peace and contentment."
Hot word Eleven: common prosperity
Common prosperity is the essential requirement of socialism and an important feature of Chinese-style modernization. During the two sessions, President Xi Jinping emphasized when participating in the group review and discussion that economically developed provinces should actively explore experience and play a demonstration and leading role in promoting common prosperity for all people.
Humphrey Moshi, director of the China Research Center at the University of Dar es Salaam in Tanzania, said that China has narrowed the gap between the rich and the poor and promoted the overall social progress towards common prosperity through regional coordinated development and urban-rural integrated development. China has made people's livelihood security and economic development complementary through institutional innovation and policy guidance, which is of great reference significance to the vast number of developing countries.
"Common prosperity, with no one left behind, is the embodiment of China's people-centered development concept." Charles Onunaiju, director of the Nigeria China Research Center, said, "The inspiration China gives us is to find our own development path."
Hot word 12: Chinese-style modernization
This year's government work report pointed out that Chinese-style modernization has taken new and solid steps in the past year. The Chinese-style modernization path has been increasingly recognized worldwide. Many foreign friends observe the vitality of Chinese-style modernization through the two sessions.
Kwon Ki-sik, president of the Korea-China City Friendship Association, said that Chinese-style modernization pursues peace, openness, and win-win results, rather than exporting colonization, war, and contradictions. Chinese-style modernization is another development path different from Western modernization.
Argentine sociologist Marcelo Rodriguez said that Chinese-style modernization emphasizes development quality, pays attention to people's well-being, and pays attention to environmental protection. Compared with Western modernization, it pays more attention to comprehensiveness and integrity, showing the world another path of modernization.
"Chinese-style modernization provides new development experience and practical paths for countries in the global South." Eduardo Regalado, an expert on China issues at the Cuban Center for International Policy Studies, said.
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