Benjamin Rae, senior economist at the UN Resident Coordinator’s Office in China, noted during an exclusive interview with China News Network that despite various challenges in 2025, China’s economy grew 5.2% in the first three quarters, and exports increased dramatically, reflecting diversification in China’s export markets.
He highlighted that China is transitioning toward a consumption-oriented economy and high-tech sectors, requiring adjustments to growth models that have worked over the past 15 to 20 years as it moves from a developing to an emerging, mature market economy as China initiates its 15th Five-Year Plan in 2026. (Chen Tianhao)
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