Foreign
China’s economic transformation presents global opportunities
By Zhong Caiwen, People’s Daily
China’s economy has demonstrated long-term stability and sustained growth, contributing certainty and positive momentum to the global economic landscape. Despite recent assertions that China’s “golden age” of investment and development has passed, and that opportunities are diminishing, the reality is markedly different. China remains a market of immense potential. As the country accelerates its economic transformation and industrial upgrading, it will create unprecedented opportunities for global stakeholders.
Industrial transformation and upgrading
China’s industrial sector continues to demonstrate remarkable vitality, underpinned by a comprehensive industrial system and unparalleled scale.
For 15 consecutive years, China has remained the world’s largest manufacturing country, with 80 percent of capacity concentrated in traditional sectors such as metallurgy, chemicals, machinery, light industry, and textiles. As these industries advance toward more advanced, intelligent, and green development models, a wave of new investment opportunities is emerging.
Simultaneously, strategic emerging industries and growth drivers, such as AI, robotics, and biopharmaceuticals, are gaining momentum. Several Chinese AI models rank among the world’s top performers, and China has been the world’s largest industrial robot application market for 12 consecutive years. Innovation in pharmaceuticals is also experiencing a surge in innovation, with new drugs reaching the market at an accelerated pace. China’s commitment to openness ensures that the benefits of industrial transformation are shared globally.
Sci-tech innovation and human capital
In 2024, China’s total R&D expenditure exceeded 3.6 trillion yuan (about $500 billion), with R&D intensity approaching the average of OECD economies. The country ranks first globally in both high-level academic publications and invention patent filings. Scientific and technological advances are increasingly integrated into industrial applications, resulting in more diverse commercial use cases and a rising rate of patent commercialization. These developments are rapidly translating into new quality productive forces.
China also boasts one of the world’s largest pools of high-level scientific and technological talent, producing more than 5 million STEM graduates annually. This growing talent base – particularly the so-called “engineer dividend” – is becoming a key force behind sustained innovation and industrial upgrading.
Expanding and upgrading consumption
With per capita GDP exceeding $13,000, China’s consumer market is entering a critical phase of consumption upgrading. The dynamic interplay between evolving consumer demand and innovative supply is creating strong investment momentum.
Commodity consumption continues to expand in both volume and quality. In 2025, China’s total retail sales of consumer goods are expected to exceed 50 trillion yuan, reaffirming the country’s position as the world’s second-largest consumer market. The country has led global online retail sales for 12 consecutive years and ranks first globally in automobile and air-conditioner sales.
Service consumption is emerging as a new growth engine. In 2024, services accounted for 46.1 percent of household consumption expenditure, highlighting substantial potential for further expansion compared with developed economies.
Traditional and new infrastructure construction
China’s vast geographic expanse continues to generate significant demand for infrastructure development, particularly to support balanced regional growth. Railway and highway densities in central and western regions remain well below those in the eastern coastal areas, indicating substantial potential for continued investment in traditional infrastructure with long-term economic and social returns.
The development of intercity railways and cross-river or cross-sea bridges is vital for enhancing logistics efficiency and stimulating regional economies, representing substantial investment opportunities.
At the same time, China’s rapid advances in new infrastructure, including digital networks, mobile communications, and smart city technologies, are opening up expansive and globally relevant market opportunities.
New-type urbanization and urban renewal
China’s urbanization is transitioning from rapid expansion to a phase of stable, high-quality development. While growth has moderated, the process is gaining in depth and complexity.
Efforts are underway to enhance the quality of urbanization through improved spatial planning, accelerated development of city clusters and metropolitan areas, and the construction of modern, people-oriented cities. Concurrently, the city is advancing urban renewal projects to revitalize urban villages, upgrade aging residential communities, and modernize infrastructure such as flood control systems, disaster prevention networks, underground pipelines, and utility corridors. These initiatives aim to improve urban living standards while generating significant new investment opportunities across multiple sectors.
Ensuring and improving people’s well-being
China’s rising Human Development Index reflects steady growth in demand for services such as childcare, education, elderly care, and healthcare. These expanding needs are driving both social progress and economic opportunity.
By the end of 2025, China plans to offer 4.5 child care places for children under the age of three per 1,000 people. This represents notable improvement, though still below levels seen in developed economies. With over 300 million people aged 60 and above, China also faces gaps in the availability of elderly care beds, physicians, and nursing staff per thousand elderly individuals.
Meeting these essential needs will not only enhance quality of life but also generate substantial employment and investment opportunities across the healthcare and social services sectors.
Foreign
Sanxingdui Museum transforms ancient relics into interactive experiences
By Song Haoxin, People’s Daily
What if museum visitors could truly interact with cultural relics rather than merely observe them through glass displays? At the Sanxingdui Museum in southwest China’s Sichuan province, a specially designed interactive hall is revolutionizing cultural engagement.
Within this 1,300-square-meter space, nearly every exhibit invites touch, operation, or participation. Visitors immerse themselves in installations inspired by the ancient Shu civilization, blending education with entertainment.
By trying on replicas of headwear on bronze statues discovered in Sanxingdui Ruins, for example, visitors can not only take photos of themselves but also learn about the symbolic meanings behind different headpieces.
Guests can don replicas of bronze statue headwear from the Sanxingdui Ruins, learning their symbolic meanings while capturing photos. Augmented reality allows dancing alongside virtual Sanxingdui figures for social media sharing. A creation zone even enables “time travel” to experience ancient bronze-casting and construction techniques.
These innovations transform traditional museum visits, offering deeper cultural understanding through hands-on interaction. “This hall emerged from extensive brainstorming,” explained Zhu Yarong, deputy director of the management committee of the Sanxingdui Ruins site.
“We’re transitioning from passive relic viewing to interactive engagement, bridging the gap between audiences and history.”
Previously, museum experiences were largely one-directional with limited engagement. Visitors viewed relics through display cases, usually stopping mainly to take photographs, with relatively limited forms of engagement. By liberating artifacts from display cases into interactive settings, Sanxingdui is pioneering a shift from didactic presentation to open cultural dialogue.
Traditional exhibition spaces remain popular, while digital innovations attract growing interest. A VR project employs digital twin technology to recreate 1:1 scale excavation sites — complete with protective shelters and cabins — placing visitors at the archaeological forefront.
Another project, Heaven and Earth Echoes — Sanxingdui Panoramic Sound and Vision Digital Art Theater, features an interactive panoramic LED dome with a diameter of 20 meters and a resolution approaching 16K. The massive dome creates a deeply immersive atmosphere. By waving digital torches in their hands, visitors can trigger sacred birds to circle above them across the dome, experiencing the ancient Shu civilization through an interplay of sound and imagery.
“The digital technology made me feel as if I were racing across the Mamu River. That sense of traveling through time was incredible,” said Hao Yong, a tourist from southwest China’s Chongqing municipality who came specifically to experience a virtual reality program.
From passive observation to active participation, Sanxingdui Museum continues introducing new interactive experiences that transform cultural relics into living carriers of dialogue and engagement, helping keep the sparks of Chinese civilization alive for new generations.
Foreign
A living testimony about MKA: The Aondoakaa that I know Written By Brahms Tor-Ikuan
My people of Benue State,
I am not speaking to you today as a politician. I am speaking as a brother whose family was held up by Chief Mike Kaase Aondoakaa, MKA, when we had no one else to hold onto.
My elder brother, Verem Ukaa-Ikuan, was not just my blood. He was a very dear and close friend to Chief MKA. When my brother fell ill and was diagnosed with liver damage caused by poisoning, MKA didn’t treat it as someone else’s problem. He took it on as his own.
He worked closely with Verem during his time as Attorney General of the Federation, and when the sickness came, he moved immediately. Searches were conducted, and Apollo Hospital in India was earmarked for a liver transplant. Every travel arrangement was made personally by Chief MKA.
But we hit a wall. Verem was too weak to fly a long commercial flight. Only an air ambulance could get him to India alive. At that time, there was only one functional air ambulance in the entire country, owned by Julius Berger. It was completely out of reach for even the most high-profile citizens.
Chief MKA went all out. He did not give excuses. He did not delay. He used every connection and every ounce of influence he had to secure that air ambulance for my brother.
On the day it was secured, Barr. Terna Yaji, his Senior Special Assistant, called me a few minutes after 6pm. He told us to prepare Verem for departure and take him to Makurdi airport very early the following morning. I informed him, my brother passed on at exactly 6 o’clock a few minutes ago. I told Barr. Terna Yaji, and I saw a devastated MKA.
During the burial, Chief MKA was out of the country on national assignment. He was pained that he could not be there physically. His entire team, led by the late Onov Tyuulugh, represented him fully. And his message to us at the burial has never left me:
“If death were law, as the Attorney General, a law would have been made no matter what to ensure Verem will just not die but live forever.”
That is who Mike Kaase Aondoakaa is when nobody is watching. He does not abandon his people. He does not forget. He stood with our family then, and he has stood with us till date.
Now he is asking for the chance to govern Benue State.
Benue needs a governor with a heart like that. A governor who fights for you even when there’s no political gain. A governor who sees you as family, not as a vote.
I am standing with Chief Mike Kaase Aondoakaa for Governor of Benue State.
For compassion that moves to action.
For loyalty that does not fade.
For leadership that proves itself in the darkest hour.
Join me. Let us give Benue a leader who has already shown what he will do for us.
God bless Chief Mike Kaase Aondoakaa.
God bless Benue State.
Brahms Tor-Ikuan, a beneficiary of MKA’s benevolence writes from Makurdi
Foreign
China-U.S. relations cannot return to past, but can move toward better future
By Guo Jiping
At the invitation of Chinese President Xi Jinping, U.S. President Donald Trump will pay a state visit to China from May 13 to 15.
After many twists and turns, China-U.S. relations have arrived at a new historical juncture. The year 2026 carries special significance for both countries. China is embarking on its 15th Five-Year Plan period (2026-2030), while the United States celebrates its 250th anniversary.
Amidst increasing global uncertainty and volatility, the international community looks to Beijing, hopeful that this high-level engagement will offer clarity and stability for the future trajectory of China-U.S. relations.
Observers note that over the past decade, the relationship has weathered two significant periods of strain. The first began in 2018 with the U.S. initiation of trade tariffs against China. Stabilization was achieved only after extensive dialogue and complex interactions spanning several years. The second period of tension occurred more recently in 2025. Remarkably, the cycle from rising friction to renewed stability unfolded within just a few months this time.
The progression from years-long to months-long stabilization cycles, and from repetitive friction-dialogue patterns towards clearer strategic direction and consensus-building, reflects China’s consistent approach: readiness to negotiate combined with firm adherence to principles and clear boundaries. China’s demonstrated resilience has garnered international respect and created conditions conducive to resolving differences through dialogue.
Today, China-U.S. dialogue occurs on a more equitable basis. Communication is increasingly pragmatic, with clearer articulation of respective bottom lines. This resilience suggests the potential for a new, more stable chapter in the relationship.
Head-of-state diplomacy plays an irreplaceable strategic guiding role. Last year, when a wave of tariff tensions rattled the world, the two presidents steered China-U.S. economic and trade ties back on course.
Under the guidance of the consensus reached by the two presidents, the teams from both sides have so far held six rounds of consultations and are currently engaged in a new round of talks.
Since the meeting between the two heads of state in Busan last October, China-U.S. relations have generally maintained a stable and improving momentum — a trend widely welcomed by both peoples and the international community.
The strategic guidance provided by the two heads of state helps identify “dangerous reefs” ahead in China-U.S. relations. The Taiwan question is the most important and most sensitive issue at the very core of China-U.S. relations, and it concerns the political foundation of bilateral ties.
Xi has repeatedly elaborated China’s principled position on the Taiwan question to Trump, emphasizing that Taiwan is China’s territory, and China must safeguard its own sovereignty and territorial integrity, and will never allow Taiwan to be separated. Clearly defining principles and bottom lines is precisely the responsible approach needed to prevent serious risks in China-U.S. relations.
The aspiration of the Chinese and American business communities to deepen ties and cooperation has never changed. At present, more than 7,000 Chinese-funded enterprises operate in the United States, while about 80,000 American-invested enterprises are active in China.
These firm choices made at the forefront of the market clearly and powerfully demonstrate the true nature of China-U.S. economic and trade relations: mutual benefit and win-win cooperation.
As China enters the 15th Five-Year Plan period, its commitment to high-quality development and high-standard opening up will create broader incremental space for China-U.S. cooperation.
The will of the people stands as a profound and enduring force shaping the trajectory of China-U.S. relations. Whether at those pivotal moments when China and the United States seized every moment to break the ice, or when bilateral relations slid to a low ebb, the sincere aspiration of the two peoples for mutual understanding and friendship has never changed.
As exchanges deepen and produce tangible results, perceptions are improving positively. More Americans are actively participating in fostering people-to-people friendship, contributing greater rationality and constructive perspectives to the relationship.
In the face of profound changes unseen in a century, China and the United States, as permanent members of the United Nations Security Council and the world’s two largest economies, shoulder even greater responsibilities. Promoting global development, safeguarding peace and security, and improving global governance all require cooperation between the two countries.
This year, China will host the APEC Economic Leaders’ Meeting and the U.S. will host the G20 Summit. Whether the two sides can demonstrate the vision and responsibility expected of major countries, and deliver more tangible benefits to the world, bears directly on the well-being of both peoples and the future of humanity.
China-U.S. relations cannot return to the past, but they can move toward a better future. Both sides should proceed from a sense of responsibility to history, to the people, and to the world, and explore ways to build a strategic, constructive, and stable China-U.S. relationship featuring mutual respect, peaceful coexistence, and win-win cooperation.
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