A PILLAR OF GROWTH
The author is an op-ed contributor to Beijing Review and a researcher with the Chinese Academy of International Trade and Economic Cooperation
The Chinese economy, which plays a key role in driving global economic growth in the era of globalization, has seen steady progress during the 13th Five-Year Plan (2016-20) period. Despite worldwide economic slowdown and volatility during the period, China’s growth has brought it to the forefront of the world’s major economies and made it a key driving force of the global economy. After bringing the novel coronavirus disease epidemic under control domestically, China has resumed economic and social activities.
During the 13th Five-Year Plan period, China’s economy has faced severe domestic and
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