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Opinion
China showcases its role as a stabilising force amid US turbulence
From the ‘two sessions’ to Boao Forum, Beijing is promoting tech independence, green innovation and support for developing nations
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Dr Yasir Masood is a Beijing-based Pakistani political analyst, academic and broadcast journalist.
China’s annual “two sessions” parliamentary meetings last month outlined its domestic priorities, including advancing home-grown technologies, accelerating the green energy transition and addressing the debt challenge. The Boao Forum for Asia expanded on these themes.
Beijing’s leadership is reaffirming China’s role as a stabilising force in Asia and a proponent of multilateral frameworks in the face of growing US tariffs, intensifying climate constraints and fragmented global trade dynamics. China seeks to balance diplomatic flexibility with legislative strategy to traverse the geopolitical and economic currents.
China’s two sessions reaffirmed its dedication to advancing Chinese-style modernisation, a vision seen as balancing on three elements: a strong technological foundation, a highly skilled workforce and a far-reaching global presence.
Innovations in artificial intelligence (AI) – a sector that generated an estimated US$402.6 million in revenue last year, with earnings projected to hit US$3.98 billion by 2030 – quantum computing and renewable energy underscore China’s adaptability. Managing high debt in the real estate industry and urban economies, which require reforms to ensure sustainable growth, are two of China’s most urgent issues.
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