Two sessions open clear-view window on China

Editor's Note: The following are excerpts of remarks by Chinese Ambassador to the United States Xie Feng at the 2nd "China in Springtime" Global Dialogue US Session, titled "Understanding China Through the Lens of the Two Sessions".

Through the window of the two sessions — the annual gatherings of the country's top legislature and political advisory body — the world could gauge the strong momentum of China's high-quality development. Regarded as an economic barometer, this year's two sessions, held in Beijing from March 4 to 11-highlighted last year's achievements and outlined future blueprints.

In 2024, China's GDP grew by 5 percent year-on-year, contributing about 30 percent to global growth. Technological breakthroughs, such as humanoid robots and DeepSeek, have emerged in quick succession, alongside new industries, new business models and new forms of economic activity.

In 2025, high-quality development remains a priority. China will implement more proactive and effective macroeconomic policies and issue approximately $180 billion in ultra-long-term special treasury bonds. The country will boost consumption, expand domestic demand and nurture future industries. Biomanufacturing, quantum computing, embodied intelligence and 6G technology will further grow. Key reforms will accelerate.

Through the window of the two sessions, the world could appreciate the vitality of the country's whole-process people's democracy. Serving as a bridge, the two sessions connect government policies with the will of the people.

The drafting of the Government Work Report is a process of public consultation, incorporating nearly 4,000 opinions from various sectors and over 2 million suggestions from netizens, resulting in concrete measures to benefit the people.

The lawmakers and political advisors come from diverse backgrounds, from farms to factories. They bring community voices to the highest policy forum. People's hopes and needs are turned into well-received policies.

Through the window of the two sessions, the world could see the vast opportunities released by high-level opening-up. Economic globalization faces headwinds and countercurrents, but China remains steadfast in expanding institutional, self-initiated and independent opening-up. This is reflected in the 20 key measures outlined in the 2025 Action Plan for Stabilizing Foreign Investment.

China is now a key trading partner for over 150 countries and regions. Last year, China saw a 9.9 percent increase in newly established foreign-invested companies. In January, investment from the United Kingdom, the Republic of Korea, and the Netherlands surged by 324 percent, 104 percent, and 76 percent, respectively. Instead of a "foreign capital outflow", there is rising confidence in China's huge market.

It is true that China-US relations face challenges and have once again reached a critical crossroads. "Maximum pressure", tariff wars or trade wars won't work. Investment restrictions are futile. Using the Taiwan question to contain China will only backfire. It is to be hoped the US side will reconsider its approach, return to the right path of dialogue and cooperation, and work with China in the spirit of mutual respect, peaceful coexistence and win-win cooperation.