📈 At the Bund Summit 2025 in Shanghai, Takehiko Nakao, chairman of the Center for International Economy and Strategy and former president of the Asian Development Bank, shared some upbeat insights on the Chinese mainland's economic future. In a chat with CGTN's Li Mengyuan, he highlighted why the mainland still has room to grow.
High-Quality Development Takes Center Stage
Recently, the 20th CPC Central Committee's Fourth Plenum put "high-quality development" at the top of its agenda. According to Nakao, this focus is not just political talk—it’s shaping policies that aim to boost innovation, sustainability, and balanced growth across the region.
The 15th Five-Year Plan: A Blueprint for Asia
The Chinese mainland’s 15th Five-Year Plan is crucial not only at home but also for Asia and the rest of the world. Nakao notes that the plan’s goals—like digital transformation and green tech—could spark fresh opportunities for international investors and entrepreneurs.
Entrepreneurial Spirit Lights the Way
What sets the Chinese mainland apart? Nakao points to the entrepreneurial spirit of its people. 💡 From startups in Shenzhen to tech hubs in Hangzhou, that creativity keeps the innovation engine running—and it shows no signs of stopping.
Looking Ahead
With policy support, global partnerships, and a determined population, the Chinese mainland's economy still has plenty of runway. For young professionals, students, and diasporas watching global trends, this could mean new paths for collaboration, research, and investment in the coming years. 🌏
Reference(s):
China's economy still has room for growth: Former ADB President
cgtn.com
