The current global economic recovery is hindered. What is China's economic prospects? All parties have made analysis from different angles, and the two sets of data have attracted attention recently.

  First, data released by the China Association of Automobile Manufacturers on May 12 showed that in the first four months of this year, my country's automobile production and sales exceeded 10 million vehicles for the first time in history, an increase of 12.9% and 10.8% year-on-year respectively. Among them, 642,000 new energy vehicles were exported, an increase of 52.6% year-on-year. The outstanding performance of automobiles, a strategic and pillar industry, reflects the deep logic of China's high-quality economic development.

  Some foreign media analysts believe that Chinese auto companies are not only booming in the country, but also winning the global market. BYD alone, the export volume of complete vehicles reached nearly 80,000 in April, an increase of more than 90% year-on-year, reflecting the huge influence of Chinese automakers in overseas markets.

  Second, data released by the General Administration of Customs on May 9 showed that in the first four months of this year, my country's total import and export value of goods increased by 2.4% year-on-year, 1.1 percentage points faster than the first quarter. Among them, imports and exports of goods increased by 5.6% year-on-year in April, and exports increased by 9.3% year-on-year. An important aspect of foreign trade moving against the wind is the strong support of China's manufacturing and creation.

  In this regard, Singapore's Lianhe Zaobao, Deutsche News Agency and other foreign media commented on "exceeding expectations". Reuters reported that in the face of uncertainty brought about by US tariff policies, China's exports remained close to double-digit growth in April, indicating that a number of policy measures recently introduced intensively played a positive role.

  Through the two sets of data, people not only feel the resilience of China's economy, but also see the broad prospects of China's economy.

  (one)

  Counter-cyclical adjustments are made according to the times and the trend, and the effectiveness of policies stimulates the potential of super-large-scale markets.

  China's automobile production and sales exceeded 30 million vehicles last year and exported more than 5 million vehicles, indicating that industry growth is mainly driven by domestic demand.

  Data released by the Ministry of Commerce on May 12 showed that since the implementation of the automobile trade-in policy in 2024, the cumulative subsidy application volume has exceeded 10 million. Foreign media said that the old-for-new policy of Chinese automobiles effectively hedged the impact of US tariffs on consumer confidence.

  As of May 11, the number of applications for automobile trade-in subsidies in 2025 reached 3.225 million, of which 1.035 million were scrapped and updated by automobiles and 2.19 million were replaced. Among the new cars, new energy vehicles account for more than 53%. This fully demonstrates that the old-for-new policy of automobiles effectively promotes consumption growth and green transformation.

  In March this year, the General Office of the CPC Central Committee and the State Council issued the "Special Action Plan to Boost Consumption" and proposed to support local governments to increase efforts to expand the implementation of consumer goods traded in old products, promote the green and intelligent upgrade of bulk durable consumer goods such as automobiles, home appliances, and home decoration; carry out pilot reforms on automobile circulation consumption, and expand automobile aftermarket consumption such as automobile modification, leasing, events, and RV camping.

  The exchange of old consumer goods not only benefits tens of millions of households, but also effectively drives the growth of sales of bulk durable consumer goods. It is a vivid footnote to the effectiveness of the "two new" policies. In the first quarter, the "two new" policies drove the national investment in equipment and equipment purchases to increase by 19% year-on-year, driving the total retail sales of consumer goods to increase by 4.6% year-on-year.

  Faced with the situation where the foundation for my country's economy continues to recover and improve, the situation where external shocks are intensified, the Political Bureau of the CPC Central Committee pointed out that "coordinating domestic economic work and international economic and trade struggles" and deploying a package of policy measures, while fully preparing plans.

  Focus on stabilizing employment, enterprises, market, and expectations, expanding and improving quality, implementing the "two new" policies, and increasing efforts to implement the "two" construction... A number of policy measures with strong leverage and sensible access are being launched. The market has some calls and policies have some responses, the market is confident and social expectations are stable.

  Practice tells us that if we are good at grasping prominent contradictions with wide influence and strong spillover properties, we can concentrate our efforts and overcome difficulties and breakthroughs, and we can achieve the effect of leading the whole with the point and showing the outline.

  Scientific macro-control and effective government governance are our confidence in dealing with various risks and challenges. The "visible hand" and the "invisible hand" form a joint force, and the governance efficiency of China's economy is opening up space for imagination for high-quality development.

  Give full play to the strategic guiding role of the national development plan, improve the policy coordination mechanism, improve the forward-looking, targeted and effective nature of macro-control, and promote multi-target dynamic balance. We are fully capable of responding to the uncertainty of sharp changes in the external environment with the certainty of high-quality development.

  (two)

  Promote the deep integration of scientific and technological innovation and industrial innovation, and new quality productivity leverages economic vitality.

  Today's China's automobile industry is like a boom in technological innovation.

  CATL released a new battery with a cycle life of more than 10,000 times and can maintain a 90% energy retention rate in an environment of minus 40 degrees Celsius; when entering the welding and assembly workshop of GAC Trumpchi Yichang factory, more than 500 robots work together, and a new car will be offline in as fast as 52 seconds...

  High-end, intelligent and green transformations are everywhere. Demand drives supply and supply creates a higher level of dynamic balance in demand, which is reflecting from concepts into reality.

  Clear up bottlenecks, overcome difficulties, and create consumer highlights. The new smart cockpit developed by Wuling Automobile understands 8 dialects and 12 heavy accents in seconds with a high recognition rate of 95%; Huawei released the world's first fully liquid-cooled megawatt-class supercharger, compressing the 1 to 2-hour charging time to 15 minutes... Capture the diversified, personalized and quality needs of the new generation of consumers, and open up demand space with supply upgrades. New energy vehicles have jumped from being "unpopular" to today's "market darling".

  Adapt to local conditions, collaborative innovation, and forge industrial strengths. Based on industrial resources, Anhui has accelerated the implementation of the "Car Core Collaboration" technical research project, strengthened the joint research and development of government, industry, academia, research and application, and built an open ecological laboratory. In the first quarter of this year, both automobile and new energy vehicles have ranked first in the country. "Putting the development of new quality productivity according to local conditions in a more prominent strategic position." Taking scientific and technological innovation as the leader and the real economy as the foundation, accelerating the construction of a modern industrial system is to consolidate the foundation of a manufacturing power.

  Aim at the forefront, open up cooperation, and maintain competitive advantages. At the just-concluded Shanghai Auto Show, more than 100 global first models were unveiled, 70% of the exhibition cars were new energy vehicles, and "black technology" was gathered. German Le Monde said that when visiting the Shanghai Auto Show, you will be deeply impressed, "China lives in the future." From "technology introduction" to "technical feeding back", from "attracting investment" to "foreign investment", from "adapting standards" to "formulating standards", keeping core technologies firmly in one's own hands will win new competitive advantages and open up a new situation of cooperation.

  In the first four months, my country's exports of high-tech products increased by 7.4% year-on-year, accounting for nearly 20% of the export, driving the overall export growth by 1.3 percentage points;

  In the first quarter, the added value of my country's large-scale high-tech manufacturing industry increased by 9.7% year-on-year, and the output of server and 3D printing equipment increased by 66.3% and 44.9% year-on-year respectively...

  The innovation engine is surging, and China's economy is full of "new power"; the vigorous growth of the "innovation rainforest" is the confidence to cross the cycle and resist risks in China's economy.

  Let the innovation chain and the industrial chain be seamlessly connected, and the "strong muscles" of self-reliance and self-improvement with high-level technology have unlimited economic potential.

  (three)

  Lead the global low-carbon trend and comprehensive green transformation add momentum to development.

  Green and low-carbon are the fundamental solutions to solve ecological and environmental problems, and are also the goal of international trends. In the first four months, the production and sales of new energy vehicles exceeded 4 million, and the growth rate exceeded 45%, in line with the general trend of industrial transformation and green and low-carbon era.

  Green production and lifestyle "going in line with each other".

  Use green energy as much as possible in the factory, upgrade equipment to achieve low-carbon manufacturing, and continuously reduce waste emissions; based on industrial digitalization, build a "chain" for carbon reduction in the entire system, so that energy conservation and carbon reduction can be traced to... Today, Chinese new energy vehicle companies are committed to collaborative emission reduction through various measures such as energy regeneration, product energy conservation, material circulation, and technological innovation, so as to make the green background of the industry brighter and brighter.

  In the streets and alleys, new energy vehicles hanging green license plates shuttle back and forth, and more young consumers choose new energy vehicles as the "first car in life"; vehicle-network interaction is becoming increasingly mature, and new energy vehicles have become "mobile power banks", which can not only charge from the power grid, but also transmit electricity to the power grid in reverse... New energy vehicles are widely popular and integrated into various scenarios, becoming an important carrier of green and low-carbon life.

  Adhere to the "same frequency optimization" of the industrial structure and the consumption structure, integrate the supply and demand sides, and continuously form more "green intersections", which will effectively release new vitality for consumption.

  China's manufacturing and overseas demand are "going in both directions".

  Data shows that the countries with the largest exporters of China in the first quarter of this year were Mexico, the United Arab Emirates, Russia, Belgium, Saudi Arabia, Brazil and Australia. A well-known Brazilian auto blogger said that China's new energy vehicles "become a new option for Brazilians to buy cars." "We need to replace fossil fuels with clean energy, which is a global industry transformation," said Ricardo Bastos, president of the Brazilian Electric Vehicle Association.

  Seize the opportunities of intelligent and green development, adhere to the "global + local", "China Intelligent Manufacturing" not only meets the needs of global consumers for a better life, but also drives and leads the global transportation and energy transformation.

  China's "green production capacity" is enriching global supply and helping to save energy and reduce carbon.

  Every 3 kWh of electricity consumed in China, 1 kWh of electricity is green electricity; China's wind power, photovoltaic and other products are exported to more than 200 countries and regions, helping many countries use clean energy; in the past 10 years, China has promoted the cumulative decline of the average kilowatt-hour cost of wind power and photovoltaic power generation projects in the global market by more than 60% and 80% respectively... providing the world with "green power", and China is a well-deserved promoter and contributor.

  The more "green content" the development is, the more "gold content" the growth is. Since the beginning of this year, zero-carbon factories have accelerated their construction and focused on cultivating new growth points such as green buildings. The "Shagohuang" new energy base is being laid out... Accelerate the comprehensive green transformation of economic and social development. If you see it correctly, you should work hard. We will surely "light green into gold."

  Unswervingly do your own thing well and unswervingly expand high-level opening up to the outside world.

  "In China, I saw the future and saw confidence." This is the impression of China today's world and a true portrayal of China tomorrow. (Ren Ping)

[Editor in charge: Wang Di]