China still key in driving global growth

Tapping potential of vast domestic market will be further prioritized

Editor's Note: This year marks the conclusion of China's 14th Five-Year Plan (2021-25) period, during which the country has made significant strides in achieving its economic and social development goals. Starting on Wednesday, the State Council Information Office will hold a series of news conferences to highlight the country's high-quality fulfillment of targets set for the period.

China's gross domestic product is expected to reach about 140 trillion yuan ($19.5 trillion) this year, reaffirming the country's role as a major contributor to the world's economic growth, the country's top economic regulator said on Wednesday.

Going forward, the country is poised to place greater emphasis on unlocking the huge potential of its vast and resilient domestic market to underpin continued economic recovery, with stronger policy support to further boost consumer spending and confidence, said officials and economists.