Expert: China’s Openness Stabilizes Global Economy

China remains unwavering in its commitment to opening up its economy, regardless of changes in the external environment, as outlined in the Government Work Report for 2025. In an interview with CGTN, Xia Le, Chief Economist for Asia at BBVA Research, emphasized that China will continue to serve as a key stabilizer in the global trade system.

“China’s dedication to openness not only benefits its own development but also contributes significantly to the global economy,” Xia Le stated. He highlighted that China’s consistent policies provide confidence to international markets, especially during times of uncertainty.

Xia Le also shared insights on potential measures the Chinese government may implement to further attract and encourage foreign investment. “We may see more streamlined regulations and enhanced support for foreign businesses looking to invest in China,” he noted. Such initiatives are expected to foster a more favorable environment for global investors and strengthen international economic ties.

As the world faces various economic challenges, China’s steadfast approach and proactive policies are seen as vital components in promoting global economic stability and growth.

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