Posts

DIPLOMATIC-An Anchor of Stability in Turbulent Times —The Global Significance of China's Development in the New Era

 





An Anchor of Stability in Turbulent Times

—The Global Significance of China's Development

in the New Era


(Remarks at the Seminar on “Building a Community with a Shared Future for Humanity”, March 13, 2026 by His Excellency, Qi Zhenhong 

 

Dear friends from think-tanks and the media,

Good afternoon! It’s a great pleasure to meet you all. I am especially delighted to see many familiar friends as well as quite a few new faces here today. First of all, I wish to express my sincere appreciationfor your longstanding interest in and support for China-Sri Lanka friendship and the work of our Embassy! It has been more than a year since we invited you over, and during this period both China and the world have witnessed many changes. Today we gather here to strengthen connections and deepen mutual understanding, and also to exchange views openly with each other on matters of common concern.

I am sure you have all noticed that China’s “two sessions” just successfully concluded yesterday. The annual event has long been a vital window for the world to understand China, butthe “two sessions”this year are particularly important as 2026 marks the beginning of China's 15th Five-Year Plan. From this year, China’s development has entered a key period for reinforcing the foundations and pushing ahead on all fronts toward basically achieve socialist modernization by 2035. Therefore, the “two sessions” in 2026 not only need to review the accomplishments of the past five years but also to chart the course and set clear objectives for the next five years.

The past five years have been truly extraordinary. In spite of numerous internal and external challenges, China, under the resolute leadership of the CPC Central Committee with Comrade Xi Jinping at its core, still successfully fulfilled all objectives and tasks outlined in the 14th Five-Year Plan:

Firstly, China’s economic output has been rising up. GDP has consecutively crossed the milestones of 110 trillionyuan, 120 trillionyuan, 130 trillionyuan, and 140 trillion yuan (about 20.25 trillion U.S. dollars), achieving an average annual growth rate of 5.4% and maintaining a contribution rate to global economic growth of around 30%.

Secondly, breakthroughs have been made in scientific, technological, and industrial innovation. Nationwide R&D spending grew at an average annual rate of 10%, ranking second globally in total volume. China's manufacturing sector has been leading the world in value added for the past 16 years, accounting for nearly 30% of the global total.

Thirdly, high-level opening-up has been expanding continuously. China has been ranking first globally for 9successive years in terms of its trade in goods, and its trade in service has exceeded 1 trillion U.S. dollars. China also has lifted all access restrictions




Post a Comment