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High-quality development once again came into the spotlight as its significance to China, the world's second-largest economy, was reiterated in a government work report at the ongoing "two sessions," a crucial political event of the country.
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To achieve the economic growth target set for this year, China needs to maintain its reform and opening-up policies while investing more in rural areas and small cities, according to senior economist David Blair.
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Jean-Christophe Pointeau, the president of Pfizer China, spoke to China.org.cn on Wednesday, expressing the company's belief in China's sustained economic development.
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With exports hitting a new high and total foreign trade generally stable, China's foreign trade market has had a stable start despite lingering high inflation and weakening economic and trade growth globally.
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Senior executives, department heads and economists at global financial institutions are upbeat about China's economic prospects as business activity returns to normal and the nation eyes further high-level opening-up.
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China has set its GDP growth target at around 5 percent for this year, which analysts said is "pragmatic" and "achievable".
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China's latest economic indicators have shown a remarkable turnaround for its economy, demonstrating remarkable economic resilience in the face of global turmoil.
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The Boao Forum for Asia (BFA) will hold its annual conference from March 28 to 31 in Boao, a coastal town in China's island province of Hainan, according to the official website of the forum.
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Foreign trade businesses in China have jumped into full swing immediately after the Spring Festival holiday. They have also stepped up efforts in product research and development and overseas market expansion to seek new breakthroughs.
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The Chinese government's focus on boosting consumption and supporting foreign investment will drive its economy to new heights and boost global growth.
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China's economy posted steady growth in 2022 despite pressures including epidemic resurgences and a complicated external environment, with its gross domestic product (GDP) reaching a new level.
