Translated with AI
At present, the world economy is facing serious challenges due to growing unilateralism, and the clouds of trade war are hanging over the prospects of global economic development. The United States, in defiance of the general opposition of the international community, has imposed unreasonable tariffs on its trading partners for its own interests, and its tariffs on China have already reached 125%. China has made its position clear and made it clear that it will resolutely resist and fight to the end. The Chinese people cannot be deprived of their legitimate right to development, and China's sovereignty, security and development interests cannot be infringed. China firmly opposes the extreme pressure, hegemony and bullying exercised by the United States through the abuse of tariffs. China is full of ability and confidence to overcome any risks and challenges. No matter how the international situation changes, the Chinese economy has a solid foundation for stable development, sufficient driving force to overcome difficulties, and strong support from the 1.4 billion Chinese people.
China's economy is large and resilient, and it can withstand external pressure.
As Chinese President Xi Jinping pointed out, the Chinese economy is an ocean, not a pond. A storm can easily overturn a small pond, but it cannot overturn an ocean. In 2024, China's GDP increased by 5% to nearly 135 trillion yuan, a remarkable performance among the world's leading countries, and China's contribution to global economic growth has been around 30% for many years. In 2025, China again set a GDP growth target of around 5%, reflecting the resilience and vitality of the Chinese economy. First, consumption has gradually become the main engine of China's economic growth. In 2024, final consumption contributed 44.5% to economic growth, lifting the economy by 2.2 percentage points and continuing to play the role of the first driving force. Second, "Made in China" is rapidly becoming "Created in China". China's industry accounts for about one-third of the world's total output, and at the same time, China is accelerating the development of new productive forces, and its innovative strength is taking the lead in the world. Adhering to the principle of scientific and technological innovation as the driving force of industrial innovation, China has made breakthroughs in integrated circuits (IC), artificial intelligence (AI), android robots. Third, China has a strong "magnetic attraction" for foreign investment. A number of foreign media and executives of large foreign companies have openly stated that "giving up the Chinese market is tantamount to giving up growth in the next decade." Deutsche Bank, Goldman Sachs, JP Morgan and other financial institutions have intensively published reports with a positive assessment and forecast for the Chinese economy, describing China's certainty as a strong counter to American uncertainty.
Not only can US suppression and containment fail to stop China's resurgence, but it will actually force it to accelerate its pace of development.
The Chinese nation has never given in to adversity in its 5,000-year history but has always forged ahead and turned crisis into opportunity. Although the trade war will hit China's development in the short term, it will also provide an important opportunity for the transformation and upgrading of the Chinese economy. In recent years, China has been actively building a diversified market, and the share of exports to the United States in total exports has decreased from 19.2% in 2018 to 14.7% in 2024. The decline in exports to the United States will not have a devastating impact on China's economy as a whole. On the contrary, many US products are highly dependent on China, and at present the United States not only cannot do without many consumer goods from China, but also has to import a large number of investment goods and intermediate products from China, and for some categories of goods, the dependence rate exceeds 50%, and it is difficult to find alternative sources in the international market in the short term. Since the United States launched a trade war with China in 2018, no matter how much the United States pressed, China has always maintained its development and progress, and “the more it presses, the stronger it becomes.” Notably, it was precisely the “suffocation” of the United States that stimulated China’s ability to innovate independently and achieved breakthroughs in key areas. China’s BeiDou navigation system has become one of the four major satellite navigation systems in the world. Enterprises such as SMIC and Huawei Hesse have realized rapid development, gradually realizing independent chip design and production. Chinese AI companies such as DeepSeek have released a large model, DeepSeek-R1, which greatly reduces training costs through innovative methods, and its performance is comparable to that of the best American AI models.
The international community must join forces and stand united against US economic bullying
In the face of US economic bullying, all countries are victims and no one is immune. All countries should join hands and jointly resist the bullying of the United States. The international community should recognize that a stable world trading system is an important cornerstone for ensuring sustainable growth of the world economy and achieving common prosperity, and multilateralism is the only choice to solve the current complex challenges. All countries should jointly safeguard the international system with the UN at its core, jointly safeguard the multilateral trading system with the WTO at its core, firmly oppose the negative trend of US unilateralism and protectionism, advocate the effective resolution of trade disputes through dialogue and consultation, and promote the building of a community with a shared future for mankind. In a turbulent and changing world, China-Russia cooperation will steadily develop along the designated track. It is necessary to strengthen the foundations of cooperation in the trade, economic and energy fields, and unleash the potential in technological innovation and green development in order to cultivate additional growth drivers. It is important to further expand openness to each other, strengthen the exchange of innovation achievements in the interests of deepening inter-industry integration. We will promote further alignment of the BRI and the EAEU, identify the leading role of the China-Russia link in regional cooperation, and ensure the security, stability and continuity of international industrial and supply chains through the high-quality development of cooperation between China and Russia. We are convinced that with the joint efforts of the international community, human civilization will definitely overcome the "stone chaos" of tariff barriers and set off into a bright future of mutually beneficial cooperation.
