China’s growth offers opportunity over shock, experts say

Former international political leaders and scholars gathered in Beijing on Sunday for the Mingde Strategic Dialogue 2026 to discuss China’s economic development and its impact on global growth. Former Ethiopian President Mulatu Teshome said China’s advances in electric vehicles, green technology and manufacturing offered opportunities for developing countries to modernize their economies and reduce reliance on oil imports.

Participants also discussed growing trade tensions and restrictions on Chinese exports. Former UK parliamentarian George Galloway criticized what he described as Western protectionism, while Chinese economists argued that China’s technological progress could strengthen global supply chains and create new business opportunities. Former Chinese Vice Finance Minister Zhu Guangyao estimated that China’s economy could grow by about $6 trillion during the 2026–2030 period, highlighting its potential contribution to the global economy.

Source: CGTN