China's Role as a Global Economic Stabilizer Highlighted by Researcher Zhang Bin
China as a Global Economic Stabilizer
In a recent interview with China Daily, Zhang Bin, a member of the 14th CPPCC National Committee and the deputy director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, described China's pivotal role in the global economy. He suggested that since September 2024, the country has made notable advances in expanding domestic demand, illustrating a gradual recovery in its economy.
Zhang emphasized that despite the turbulence experienced worldwide, China has managed to maintain a steady growth trajectory in its manufacturing sector. This resilience allows China to offer competitive products internationally, reinforcing its position as a
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