XINHUA – China’s gross domestic product (GDP) growth target of around five per cent for 2025 sheds light on its confidence in economic stability and its commitment to high-quality development, a global consultancy executive has said.
The policy measures, outlined in the government work report submitted to the National People’s Congress, support China’s ongoing economic transformation and create new opportunities for foreign enterprises, Global Managing Director Denis Depoux at Germany’s strategy consulting firm Roland Berger, told Xinhua.
The government’s work report said that China would work toward stabilising foreign trade and vigorously encourage foreign investment. Depoux described the pledge as a strong signal to foreign investors, reassuring them of China’s commitment to market openness and regulatory transparency.
“This will further enhance investor confidence and attract more international companies to deepen their presence in the Chinese market,” he said.
Depoux said that China remains a highly attractive destination for foreign investment, particularly in industrial modernisation, automation, software and green technologies.
“For multinational companies, China is not only an essential part of global supply chains, but also a key market for innovation and long-term growth,” he said.
“The country’s (market) scale, economic stability and leadership in digitalisation and sustainability make it an indispensable market for global businesses.”
While globalisation is evolving and geopolitical tensions persist, economic ties between China and Europe remain robust, as the two sides are highly dependent on each. Depoux said that China has not just solidified its position as a manufacturing powerhouse but also emerged as a key driver of global trends in digitalisation, sustainability and high-tech industries.
Take China’s progress in artificial intelligence (AI).
Companies such as DeepSeek have made breakthroughs in reducing computing costs, enabling broader AI adoption and reshaping entire industries, he said.
Referring to China’s five-per-cent GDP growth in 2024, Depoux said that it showcased ‘China’s success in navigating global headwinds’, noting that China is undergoing a deep structural transformation toward a high-value and innovation-driven economy.
Looking ahead to 2025, Depoux called the concept of “new quality productive forces” a key driver of China’s economic growth.
