China's Foreign Minister discusses Middle East turmoil and growth target

China's Foreign Ministry spokesperson Mao Ning recently addressed concerns regarding the impact of current turmoil in the Middle East on China's economic growth. She emphasized that the nation's economy remains resilient and committed to continuing its progress, regardless of international tensions.

In response to speculation that the adjustment of China's growth target is influenced by insecurity in energy supplies due to Middle Eastern instability and by fluctuations in China-U.S. relations, Mao conveyed Premier Li Qiang's assertions on the country's economic achievements.

Mao pointed out that during the 14th Five-Year Plan period (2021-2025), China's economic output surged by nearly 10 trillion yuan annually, resulting in an increase exceeding 35 trillion yuan over the past five years, comparable to the economy of a medium-sized country.

Mao remarked that this impressive economic performance has been realized despite facing a multitude of external shocks and domestic adversities, demonstrating the inherent resilience and vitality of the Chinese economy.

Looking forward, she acknowledged the various challenges that lie ahead but assured that the fundamental conditions driving China's long-term economic growth remain intact. The nation's institutional strengths and advantages as a significant economy continue to evolve.

Mao asserted that by effectively utilizing these strengths and addressing existing challenges, China's developmental outlook can be further enhanced.

The spokesperson reiterated that China will pursue the implementation of a new development philosophy and expedite the formation of a new development paradigm, emphasizing the importance of high-quality growth alongside quantitative progress.

She further outlined that China would continue expanding high-standard opening-up and promoting win-win cooperation, aiming to enhance international circulation so that the benefits of its development can be shared globally.

Mao concluded by asserting that China's economic blueprint reflects a blend of strategic resolve, effective policies, dynamic growth, and robust governance capabilities, which collectively can provide essential stability and certainty in an increasingly chaotic international landscape.