2025: Creating New Advantages and New Drivers of Economic Growth

Translation. Region: Russian Federation –

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

The year 2025 marks the final year of the 14th Five-Year Plan and is of significant significance in China's modernization process. This year, the economy has performed well overall, achieving progress while maintaining stability. Key economic and social development goals are expected to be successfully achieved. These achievements are inextricably linked to the consistent advancement of high-quality development.

At the end of last year, the Central Economic Work Conference defined economic objectives for 2025. Particular attention was paid to such areas as the active development of the "debut economy," the "ice and snow economy," and the "silver age economy," stimulating the healthy development of the "platform economy," the comprehensive development of the "county economy," and the active development of the "maritime economy" and the "bay region economy."

Over the past year, these new forms of economic activity have continued to grow and strengthen, becoming a living practice of the Chinese economy and a clear demonstration of its qualitative development.

The debut economy is constantly evolving: Beijing, Shanghai, Chengdu and other cities are strengthening policy support measures, attracting many first stores and brands with new products, which has become an important tool for unlocking the potential of domestic demand.

The ice and snow economy continues to gain momentum, gradually transforming from a “seasonal boom” to a “year-round popularity,” and the industry is expected to exceed one trillion yuan by 2025.

The silver age economy has broad prospects: new forms and models of pension services are constantly emerging, and the consumption market for the elderly is growing steadily.

The platform economy is developing under a regime of structured regulation: through consumer product innovation policies, platform companies are strengthening technological innovation and improving the consumer experience, which contributes to improving the quality of consumption and taking it to a new level.

The county economy is demonstrating sustainable development: the county-level consumer market is not only expanding but also improving in quality. Urban-rural integration is deepening. This provides a powerful impetus for balanced regional development and comprehensive rural revitalization.

The maritime economy is demonstrating quantitative and qualitative growth: China maintains its global leadership in shipbuilding and marine engineering equipment market share, and consistently ranks first in the world in aquaculture production.

The economies of the bay areas are developing on an innovative basis: the Guangdong-Hong Kong-Macao Greater Bay Area is experiencing dynamic growth, and the pace of industrial transformation and modernization is constantly accelerating, allowing it to act as a key driver of high-quality regional economic development.

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