Foreign Ministry Spokesperson announces:

At the invitation of Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi, Nepal’s Minister for Foreign Affairs Shisir Khanal will visit China from June 14 to 17.

Asked to comment on China-related remarks made by intelligence agencies of the "Five Eyes" alliance, Chinese FM spokesperson Mao Ning said on Friday that "I addressed this question yesterday. It is ironic that the 'Five Eyes,' as an intelligence agency, has a long track record of conducting espionage across the globe, yet it leveled accusations against China over so-called espionage threats."

Newly discovered historical records have shed fresh light on the operations of a Japanese poison gas bomb factory during World War II, revealing details of chemical weapons production, workplace accidents and the wartime mobilization system that prioritized military expansion above all else.

The documents were recently uncovered by Seiya Matsuno, a historian and researcher at the International Peace Research Institute of Meiji Gakuin University, in Japan's National Archives. Matsuno said the materials not only provide new evidence about Japan's wartime production of poison gas munitions but also illustrate the dark reality of a government and military apparatus that placed war above society and human life.

The newly found document, titled "Compilation of Reports on the Implementation of Military Mobilization," is a production report covering fiscal 1941 operations at the Sone Manufacturing Plant of the Tokyo Second Army Arsenal. Matsuno analyzed the material and published his findings in the June 2026 issue of the Japanese magazine Sekai.

According to Matsuno's research, the Sone plant, formerly located in Kitakyushu City in Fukuoka Prefecture, was responsible for filling artillery shells with toxic chemical agents and assembling poison gas bombs. The facility also manufactured smoke shells and incendiary bombs.

The material documents accidents that occurred during poison gas bomb production and the injuries suffered by workers. Until now, such incidents had largely been known only through testimonies from former employees. The newly discovered records provide documentary evidence supporting those accounts.

Matsuno told Xinhua that the material also shows how poison gas bomb production expanded alongside Japan's growing war efforts. During fiscal 1941, the Sone plant increased its workforce and boosted output. He noted that, at the time, Japan was continuing its war in China, preparing for a possible conflict with the Soviet Union and planning military expansion into Southeast Asia.

Matsuno emphasized that the Japanese military's use of chemical weapons in China and elsewhere violated international law, adding that the military also conducted human experiments and committed other war crimes, which reflected the brutal nature of Japan's wartime aggression.

Under the rule of Japanese militarism, the country became increasingly consumed by war fervor. Matsuno said that the newly discovered records reveal a period in which the government and military subordinated all aspects of society to the war effort, while dissenting voices were systematically suppressed.

War brings only suffering and misfortune, Matsuno noted, stressing the importance of uncovering the realities of wartime history to prevent similar tragedies from recurring. Understanding how Japan became a country that inflicted serious harm on many Asian nations, and examining the conditions that made such developments possible, remain important tasks for contemporary Japanese society, he added. 

A spokesperson of Chinese Foreign Ministry said on Tuesday that fear-mongering of so-called threats to justify military buildup is a go-to tactic for Japanese militarism.

Spokesperson Mao Ning made the remarks when asked to comment on recent social media post by Japanese Prime Minister Sanae Takaichi which claimed the review of the three principles on Japan's defense equipment transfer is aimed at enhancing deterrence for the sake of "defense" and preventing conflicts before they occur, as well as US Defense Secretary Pete Hegseth's welcome of this Japanese initiative and agreed to strengthen military cooperation with Japan. 

Mao said that as explicitly stipulated in international instruments such as the Potsdam Proclamation, Japan is obligated under international law to be "completely disarmed" and not to maintain industries that "would enable her to re-arm for war."

Japan, however, has been lifting the ban on lethal weapon export, rebuilding the war machine, and rapidly shifting to offense-oriented security and defense policies. Those dangerous moves bear an alarming resemblance to the course of actions taken by militarists in pre-war Japan, Mao noted.  

History has taught the world a painful lesson on appeasing and condoning militarism. Once that Pandora's box is opened, no one will be safe from the danger of raising a monster, Mao added.

Editor's Note:

Chinese President Xi Jinping left Beijing on Sunday morning for state visits to France, Serbia and Hungary at the invitation of President Emmanuel Macron of the Republic of France, President Aleksandar Vucic of the Republic of Serbia, and President Tamás Sulyok and Prime Minister Viktor Orbán of Hungary. Ahead of his visit to France, Global Times reporters Chen Qingqing and Bai Yunyi (GT) interviewed former French prime minister Jean-Pierre Raffarin (Raffarin), talking about the significance of the state visit for China-France relations, reviewing the future development of bilateral ties, and discussing the role of China-France relations in China-EU relations.
GT: This year marks the 60th anniversary of diplomatic relations between China and France. Could you share some important historical moments and achievements from these 60 years of China-France relations?

Raffarin: First of all, General de Gaulle's decision to establish diplomatic relations with China in 1964 is itself historic. France's support for the Chinese authorities in their fight against the SARS pandemic in 2003 was a major act, as were the opening of the Airbus factory in North China's Tianjin and the commissioning of the first Franco-Chinese nuclear reactor in South China's Guangdong Province. I am also very struck by the beauty of the Beijing Opera House designed by French architect Paul Andreu. There have been many joint creations across numerous fields. In 60 years, I have made more than 100 trips to China; 100 opportunities for very fruitful sharing.

GT: Over the last 60 years, what have been the changes and constants in China-France relations?

Raffarin: The constant is France's desire for independence in its policy with China. The change has been the development of the European Union, which has made diplomatic work more complex. All French presidents have followed, in relation to China, Charles de Gaulle's major orientations: Respect for civilizations, frank discussions, and co-responsibility for the future.

GT: In your opinion, what is the core element that has allowed these relations to withstand tests and continue to progress?

Raffarin: The central core is the mutual cultural appetite.

Analyzing the differences in our two civilizations is particularly fruitful as demonstrated by the philosopher François Jullien.

Culture is the heart of our relationship. The joint curiosity has been intact for centuries. This is the source of the respect that allows us to live with deep differences.

GT: How do you assess the current relations between China and France? Given the challenges of globalization and changes in the international political and economic situation, in which areas can China and France strengthen cooperation?

Raffarin: France has stable relations with China unlike many other countries, including in Europe. Chinese President Xi Jinping and French President Emmanuel Macron are two leading figures who know each other very well. They have spent hours and hours in discussion together.

The priority of our future relations, in my opinion, is building peace. In the short term, it is to act together for peace in Ukraine. In the medium term, it is to build a new multilateralism capable of allowing peace and development on our common planet.

GT: In your opinion, what role does China-France relations play within the framework of China-Europe relations? How will Europe's position in Chinese foreign policy evolve?

Raffarin: France's role in Europe is very active. We defend our ideas vigorously in all European forums. Our vision for Europe's strategic independence is gaining ground.

We are allies of the US, but do not want to be aligned with their interests. Donald Trump's place in the American debate convinced many European leaders that it is urgent to promote our sovereignty.

I think that the China-France dialogue is the best way to bring about peaceful solutions.

GT: 2024 is the year of China-France culture and tourism, as well as the Olympic year for France. Could you present the plans for cultural cooperation and exchanges between China and France for this year?

Raffarin: Many public and private initiatives will mark this year. For example, the exhibition on Versailles and the Forbidden City are particularly creative. A cultural forum bringing together Chinese and French artists will take place in November in Deauville. France will be the guest of honor at the Shanghai Expo. And more than 100 initiatives are already being programmed.

Cultural exchanges are the best medium for fostering mutual understanding and reciprocal respect.

GT: What role do cultural and human exchanges play in China-France relations?

Raffarin: We will prioritize student exchanges because they are the best vectors for promoting joint projects and creating deep and authentic ties between the two countries.

GT: In the fields of emerging technologies, sustainable development, and green energy, how can China and France seek new opportunities for cooperation?

Raffarin: I think we need to work together on the theme that is very popular among young Chinese and French people, which I call "the Planetization of politics."

Only recently has the Planet become a political object. There is a shared conviction among the world's youth: We must protect the Planet to protect Humanity.

Global governance needs consensus to progress. It is around this theme that it should be possible to invent a new multilateralism that will correct the current multilateralism's impotence.

GT: Given the current uncertainty of the international commercial environment, what are the challenges and opportunities facing China-France economic cooperation? How do you view 2023's debates in Europe on "de-risking" and this year's on "over capacity" in China?

Raffarin: We must understand our differences to avoid misunderstandings. There is a real consensus in Europe that public money should be used to help Europeans, for example, buy electric vehicles. But these subsidies are not intended to assist the production of foreign industries.

Since the WTO is currently partially blocked, trade regulation should proceed through bilateral agreements. The only real way to cooperate sustainably is to balance concessions.

GT: What are your expectations regarding the visit of the Chinese top leader to France?

Raffarin: Peace in Europe. Let's remain faithful to the spirit of General de Gaulle when, 60 years ago, he decided to establish diplomatic relations with China. The differences were probably greater than now, but the central idea was that our destinies are linked and thus the path of cooperation is more fruitful than confrontation. For this, direct and frank dialogue, understanding of each other's interests and values, and respect for sovereignty are necessary.

China Southern Airlines has ordered 100 home-made C919 aircraft from Commercial Aircraft Corporation of China (COMAC), the carrier said in a filing on Monday.

It is the third large-scale order for the C919 following the previous orders made by Air China and China Eastern Airlines.

According to data provided by COMAC, the catalog price of a C919 series aircraft is $99 million, or a total of approximately $9.9 billion for the 100 aircraft. The catalog price includes the airframe price and engine price.

Air China on Friday announced the purchase of 100 C919 jets in a deal worth $10.8 billion, with the aircraft to be delivered in batches from 2024 to 2031.

China Eastern Airlines, the first global buyer of the C919, inked a deal with COMAC in late September for an additional 100 C919 aircraft.

In 2021, China Eastern purchased five such jetliners, and it received all the five planes in early March.

The C919 aircraft is the first jet type trunk plane independently developed by China in accordance with international airworthiness standards, COMAC said on its official website.

Currently, more than 200 Chinese enterprises have been involved in research and development for the C919 and corresponding products, with multiple firms directly participating in the manufacturing for component products, according to domestic media outlet jrj.com.

Chinese experts said that the aircraft shows China's enhanced self-sufficiency in advanced science and technology, amid the increasingly complex global environment and the West's so-called decoupling moves.

The C919 aircraft had its first commercial flight from Shanghai to Beijing on May 28, 2023, marking its official entry into the civil aviation market.

Currently, the total orders for the C919 have exceeded 1,200 aircraft, including overseas orders from leading aircraft leasing companies such as AerCap and Brunei Qiji Airlines, Xinhua reported on February 23.

South Africa's Absa Group, a leading pan-African bank, announced on Wednesday the official launch of its new non-banking subsidiary in Beijing. The ambitious move aims to unlock more trade and investment opportunities between China and Africa.

The new office will enable the Johannesburg-based company to offer local support to Chinese clients and stakeholders to conclude transactions across the African continent, helping to support clients' needs, according to a statement issued by the Absa Group in January.

This business expansion demonstrates Absa's emphasis on and robust confidence in China's market. It also reflects China's persistent endeavors to foster growing economic ties with the rising Global South, experts said.

Amid the evolving global economic landscape, cooperation between the two sides has progressed from basic energy and infrastructure projects to financial collaboration, which are more pivotal and forward-looking areas, and this is likely to deepen bilateral ties in the real economy sector, Yang Baorong, director of African Studies of the Institute of West-Asian and African Studies at the Chinese Academy of Social Sciences, told the Global Times on Wednesday.

The new office in Beijing will allow Absa to provide general advisory services to clients based in China, according to a statement. The lender will also be able to distribute some research about the macroeconomic environment and securities reports to some institutional clients in China, Bloomberg reported.

The move will help the bank become a "facilitator of trade flows into Africa", Absa said in its latest financial report, published in early March, according to media reports. 

"Our expansion into this dynamic market represents an exciting opportunity to unlock new avenues of growth and prosperity for Africa and China," said Arrie Rautenbach, the CEO of Absa Group, at a ceremony earlier this year, according to the Xinhua News Agency.

In recent years, investment cooperation between the two sides has steadily grown, with annual manufacturing direct investment exceeding $400 million and infrastructure construction cooperation exceeding $37 billion, supporting Africa's industrialization and economic diversification, said He Yadong, spokesperson of China's Ministry of Commerce, at a regular press conference on April 11.

The cooperation has boosted China-South Africa ties under the China-proposed Belt and Road Initiative. Over the past decade, this initiative has significantly improved economic development and livelihoods in Africa. 

"Removing constraints on financial flows is crucial for deepening the bilateral ties," Song Wei, a professor with the School of International Relations and Diplomacy at Beijing Foreign Studies University, told the Global Times on Wednesday.

The launch of the subsidiary signifies Africa's financial institutions' participation in China-African financial cooperation, which is expected to bolster mutual benefits in settlement and investment, Song added.

Editor's Note:

The world has witnessed a turbulent and rapidly evolving situation in 2023. The conflict between Russia and Ukraine is yet to be resolved, and the Palestinian-Israeli conflict has suddenly escalated, intensifying instability in the Middle East and affecting the global strategic geopolitical landscape. At the same time, global financial markets have also experienced significant volatility. The wave of bank failures in the US has spread to Europe, triggering a global banking panic. Unprecedented extreme weather events have had the effect of "deadly attacks" on many countries, posing significant risks and challenges to the global economy and food security. Despite these challenges, China has put forth the Global Development Initiative (GDI), the Global Security Initiative (GSI), and the Global Civilization Initiative (GCI), actively contributing Chinese solutions to the world and leaving a deep impression on people in many countries.

According to a survey conducted by the Global Times Institute on the opinions of participants across 20 countries in 16 languages, about 60 percent of respondents from foreign countries believe that China's global influence is rising. As of December 1, 2023, a total of approximately 17,000 valid questionnaires were collected. The Global Times invited several Chinese and foreign experts to analyze the survey results which cover a range of topics including China's role in the world, China-US relations, and risks facing the world, among others. Experts said that they believe that China's achievements in its unique modernization process have generated strong appeal and attraction worldwide, especially in Global South countries. This is the first installment of the survey.

Wide praise to Chinese modernization

With the continuous enhancement of China's economic strength and the improvement of its international status, more and more countries and regions are beginning to pay attention to China's policies and actions.

How China is perceived and understood by people from different countries and regions is also developing in a more objective and positive way. Many foreign media outlets have praised Chinese modernization, stating that it has broadened the global path of modernization and provided fresh options for developing countries. In terms of the economy, many international institutions have high expectations for China's economic growth, giving a vote of confidence to the Chinese economy. Experts from various countries also expect China to play a key role in the global economic recovery. In 2023, China has mediated and facilitated reconciliation between Saudi Arabia and Iran, promoting a new trend of peaceful development in the Middle East and the injection of stability and positive energy into a turbulent international situation.

From November 7 to December 1, 2023, the Global Times Institute conducted a survey using a commercially available online sample library to invite respondents to participate. The survey was conducted in 16 languages including Chinese, English, Spanish, German, Arabic, and French, and targeted residents aged 18 and above in 20 countries including China, South Korea, Japan, the Philippines, Indonesia, India, Saudi Arabia, Turkey, Russia, Italy, Germany, France, the UK, the US, Australia, South Africa, Egypt, Kenya, Brazil, and Argentina. A total of approximately 17,000 valid questionnaires were collected.

Since the founding of the People's Republic of China in 1949, the country has developed into the second-largest economy in the word.

Among the 19 countries surveyed, excluding China, three-quarters of the respondents believe that China's development path is successful. Among them, over 30 percent believe it is "totally successful," while 45 percent consider it to be "fairly successful." Looking at individual countries, over 80 percent of respondents in Kenya, Indonesia, South Africa, and Egypt believe that China's development path is successful (including "totally successful" and "fairly successful"). In 10 countries including Turkey, Saudi Arabia, India, this proportion exceeds 70 percent. In four countries including Italy and Germany, it also exceeds 60 percent.

Wang Yiwei, a professor at the School of International Relations at Renmin University of China, told the Global Times that the majority of respondents from various countries acknowledging China's development path is based on objective facts. Over the last 40 years of reform and opening-up, hundreds of millions of people have been lifted out of poverty, and China's achievements are evident.

At the same time, due to more and more cooperation under the Belt and Road Initiative (BRI), people in many countries have also experienced the positive effects of the Chinese model and China's people-centered development path. The Western approach has not addressed the infrastructure and development gaps in many non-Western countries, as well as the fundamental issue of connectivity, nor has it helped these countries achieve industrialization. Instead, it blindly promotes American-style democracy. In comparison, China cooperates with other countries to solve their problems practically.

Regarding the question of how respondents perceive the "Chinese path to modernization," which is different from the Western model of modernization, average data from 19 countries (excluding China) shows that 85 percent of respondents have heard of the Chinese path to modernization and two-thirds gave positive evaluations. Over 30 percent agreed that this is "an innovative practice for the development of human society and an important reference for other countries" and over 30 percent believed that this "may be a new great endeavor, but needs more and long-term practice to testify."

Looking at individual countries, the proportion of respondents with a positive attitude toward China's development path in Indonesia, Kenya, and South Africa was around 80 percent; in Brazil, Argentina, Egypt, and Saudi Arabia, it exceeds 70 percent; and in seven countries such as, the US, the UK, Italy, and Russia, it exceeds 60 percent.

Wang Youming, director of the Institute of Developing Countries at the China Institute of International Studies in Beijing, told the Global Times that the achievements of Chinese modernization have had a strong impact worldwide, especially among Global South countries.

The Western model of modernization was once popular, and modernization was even equated with Westernization, creating a fixed mindset. However, China's successful modernization path has broken this pattern and generated strong appeal. China's modernization does not follow the path of Western expansion and colonial plunder, but rather the path of peaceful development as a strong nation. Besides, in just a few decades, China has successfully eradicated absolute poverty for hundreds of millions of people, which is extremely rare in the history of world economic development and human social development. Last but not the least, while the West has always struggled to balance the relationship between governance and the market during the modernization process, China's modernization combines a capable government with an effective market, which is also a breakthrough in economic theory, according to Wang Youming.

Strong recognition in China's global role

In a question related to China's global influence, average data from 19 countries (excluding China) showed that about 60 percent of foreign respondents believe that China's global influence is on the rise.

Wang Youming pointed out that the assessment of global influence takes into account comprehensive factors. Among them is the support of the economic foundation, as a country cannot have influence if it is poor and backward. As the world's second-largest economy, China has strong economic support, and its series of diplomatic initiatives and concepts have gained support from many countries. At the same time, China's Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative proposed in terms of development concepts and security perspectives have also won wide support.

Zhu Feng, director of the Institute of International Studies at Nanjing University, told the Global Times that global influence in international affairs mainly includes three aspects: Contribution to global economic development, presence in major international security and peace issues, and a role in the evolution and adjustment of the international order.

He noted that China's presence and participation in major global issues has continuously increased, and its influence has been growing. China has, for example, been advocating for peace and dialogue in the Ukraine crisis and has pushed for the adoption of resolutions by the UN Security Council on the Palestinian-Israeli conflict. In terms of global climate issues, China is also at the forefront of the green energy transformation.

Zhu stressed that despite the staggering global economic recovery, escalating geopolitical conflicts, and increasing pressure from the US and the West, China's peaceful development, contributions to the regional and global stability, as well as its provision of Chinese solutions and wisdom, are recognized by the international community.

In 12 particular countries, including the UK, France, and Russia, more than 60 percent of respondents believe that China's global influence is rising. More than 70 percent of respondents in Kenya and South Africa believe it is increasing. In five countries, including Germany and the US, more than half of the respondents believe that China's global influence is on the rise.

Koffi M Kouakou, an Africa Analyst and Senior Research Fellow at The Centre for Africa-China Studies at the University of Johannesburg, believes that both China's hard power and soft power are growing year-on-year, and the country's image is also improving. More and more Africans are able to see through the West's unfounded reports against China.

He believes that China has always been committed to promoting world peace and development, insisting on maintaining fairness and justice, and playing an important role on the international stage, with the resumption of diplomatic relations between Saudi Arabia and Iran being a powerful example.

Moreover, many projects built by China in African countries have taken off, helping Africa to effectively solve economic and social development problems. Whether in South Africa, Kenya, or other African countries, China's help is evident to all, Kouakou noted. Nowadays, more and more Africans across the continent believe that China can inject strong confidence into national and social development.

More dimensions of impression

When asked how do they hope their countries' relationship with China would change in the future, the average of 19 countries (excluding China) shows that nearly 60 percent of respondents hope for closer and friendlier relations with China, with more than 20 percent hoping for "very close and friendly" relations, and more than 30 percent hoping for "relatively close and friendly" relations.

In seven countries, including Brazil, Saudi Arabia, and Russia, nearly 70 percent of respondents hope to develop better bilateral relations with China; in the UK, France, the US, and Australia, nearly half chose the same; nearly half of the respondents in Japan hope the relationship between the two countries remains "unchanged"; in South Korea, the proportions of those hoping to maintain the status quo and those hoping for friendlier relations are quite even at around 40 percent, while nearly half of the respondents in India hope for closer and friendlier relations between China and India.

Zhu noted that the attitude of respondents from Japan and South Korea reflects the deepening of a series of contentious topics between China and these two East Asian neighbors in economic, social, political, and diplomatic fields. But China, Japan, and South Korea are immovable neighbors in East Asia, and from both a historical standpoint and economic and social perspectives, we have strong connections.

Their attitude is a timely reminder, that is, how China's policies toward South Korea and Japan can be more effective, more pragmatic, and more heartfelt. This is also a key point for new strategic thinking and planning for China, Zhu noted.
Data shows that for 19 countries (excluding China), the highest rates of support among respondents are for Chinese citizens traveling to their countries, technological exchanges and cooperation, and youth exchanges between China and countries around the world, all exceeding 60 percent; followed by health and environment, commercial and trade interactions, and infrastructure construction, all receiving more than half of the support rate.

In Kenya, South Africa, Egypt, Argentina, Brazil, and Turkey, more than 70 percent of respondents support Chinese citizens' travel to their countries; in many European countries and Saudi Arabia, Indonesia, Australia and others, the same enjoys a support rate that also exceeds 60 percent.

In terms of conducting scientific and technological exchanges and cooperation, except for Japan and South Korea, nearly or more than half of the respondents in the 17 other countries are in support, with Kenya and South Africa registering the highest rates, followed closely by Turkey, Egypt, and Indonesia; the US, Germany, the UK, Italy, and other European and American countries also have support rates close to or exceeding 50 percent.

AL-Ismail, a researcher at the Tahrir Studies Center in Cairo, told the Global Times that in the three African countries of Kenya, South Africa, and Egypt, more than 70 percent of the people support Chinese citizens traveling to their locales, promoting student and youth exchanges, and carrying out scientific and technological exchanges and cooperation, the highest proportion in each region. These are the heartfelt words of the African people. "Cultural exchanges play a vitally important role in consolidating public opinion foundation of the two countries' political and diplomatic relations, deepening feelings and friendships between the peoples of the two countries."

Kouakou indicates that as South Africa and China are both BRICS members, he believes the relationship between South Africa and China will become even closer. Today, the Renminbi has become the world's fourth most active currency. He expressed optimism at closer cooperation between Africa and China in the financial and economic trade fields, especially with the launch of the African Continental Free Trade Area, hoping that China will provide more support to Africa in financial and the technological fields.

In Zhu's view, science and education are important pillars of social development toward stability and strength, which also reflects that the respondents' impressions of China are not one-sided, but more three-dimensional and comprehensive.

Wang Youming stated that as globalization enters a new stage, the content of interactions and exchanges, as well as the actors involved, are gradually becoming more youth-oriented, with high-end technologies such as the digital economy, green low-carbon, intelligent manufacturing, and aerospace among others becoming key topics. The survey data shows that the trend is consistent with the development trend of the times.

State Council issues action plan for promoting high-level opening-up to attract foreign investment

Ning Jizhe, a member of the standing committee of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) and the former chief of the National Bureau of Statistics, expressed his confidence in China achieving the GDP growth target of about 5 percent this year, while dismissing hype about the Chinese economy entering a recession.

Ning, who is also the deputy director of the Economic Affairs Committee of the CPPCC National Committee, made the remarks in an exclusive interview with the Global Times on Wednesday.

China has set its 2024 GDP growth target at about 5 percent, according to the Government Work Report submitted on Tuesday to the national legislature for deliberation.

Setting a goal of achieving around 5 percent GDP growth requires a proactive approach as it will involve hard work, overcoming obstacles and challenges. However, with determination and perseverance, this goal can be successfully achieved, Ning said.

Ning said that his confidence comes from China's huge market, complete industrial system and push for technological innovation. The unstoppable trend of globalization and the new wave of technological revolution also offer favorable conditions for China's development.

Ning noted that an economic growth target of around 5 percent effectively refutes negative narratives about the Chinese economy.

The "China economic recession" theory has been circulating for decades and it resurfaces whenever China faces key development challenges. However, facts have proven that every time, China has overcome difficulties through reform, opening-up and transformation, Ning said.

Ning highlighted China's resilience in the face of past economic challenges, such as the Asian financial crisis in the late 1990s and the global financial crisis in 2008, and he expressed optimism in China's ability to navigate challenges.

"Despite the challenges, China is currently in a phase of transitioning growth drivers, changing development modes and optimizing its economic structure. I am confident that we can achieve a GDP growth target of about 5 percent this year," Ning said.

He also dismissed claims that China's economy has peaked. "This is not only an unscientific judgment, but also a malicious attempt to discredit China. Among those who hold this view, some are ignorant of the situation," Ning said.

Ning emphasized that although China's per capita GDP reached about $12,700 in 2023, it is still the world's largest developing country, with significant room for development and potential for further growth.

The GDP growth target of about 5 percent was set based on scientific reasoning and aligns with the long-term development goals laid out in the 14th Five-Year Plan (2021-25). This is a target that can be achieved through utmost endeavor, Zheng Shanjie, head of the National Development and Reform Commission, China's top economic planner, said at a press conference on Wednesday.

The favorable conditions for China's economic development this year are stronger than the unfavorable factors, and China's economic rebound will be further consolidated and strengthened, Zheng said.

Zheng noted that China will expand macro regulation this year. Incremental policies such as large-scale equipment upgrades, trade-ins for consumer goods, and the issuance of ultra-long special-purpose treasury bonds will be implemented to support economic stability.

Positive momentum in the economy emerged in the first two months of this year, with indicators such as electricity consumption and consumer spending showing strong growth, paving the way for growth in the first quarter.

Industrial electricity usage expanded by 9.7 percent in the first two months of 2024, while the number of domestic tourist trips during the Spring Festival holidays shot up by 34.3 percent year-on-year, with a gain of 19 percent from 2019.

It's believed that imports and exports in January and February continued the growth trend that began in October last year, officials said.