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Global Media Focus | Foreign Media: China's Economic Growth Demonstrates Resilience Amid Global Energy Shock
Why has the Chinese model become a blueprint for energy transition in developing countries?
Qatar News Agency reported on the 28th, citing the latest report from Qatar National Bank, that despite escalating geopolitical tensions and fluctuations in the global energy market, the Chinese economy still demonstrates significant resilience against risks. The report believes that China’s structural advantages, such as the diversification of its energy structure, low dependence on oil, and substantial strategic reserves, can effectively cushion the impact of rising energy prices.
Screenshot of Qatar News Agency report
The report emphasizes that compared to most similar economies, the Chinese economy is more resilient and is expected to withstand current market volatility while maintaining growth targets. The report forecasts that by 2026, China’s strong exports, resilient domestic demand, and continuous productivity improvements will support economic growth targets.
The report concludes that even with ongoing turmoil in the energy market, the extent of the impact on China will be significantly less than that on other major economies. Although rising energy prices may increase import costs and exert some inflationary pressure, the macroeconomic impact on overall economic growth will remain controllable.
Screenshot of Qatar News Agency report
Nigeria’s mainstream media, Today Newspaper, reported on the 28th that the worsening situation in the Middle East has plunged the global energy market into crisis, with many countries bearing heavy pressure amid soaring oil prices. In this storm, one country appears particularly calm—China.
Screenshot of Today Newspaper report
The article analyzes that most developing countries have long faced energy dilemmas: either relying on imported fossil fuels, suffering from international price fluctuations and geopolitical risks; or being constrained by funding and technological limitations, making it difficult to develop domestic renewable energy on a large scale. China has chosen a third path—building the world’s largest wind and solar power generation base in the Gobi Desert in the west, using ultra-high voltage technology to transmit clean electricity thousands of kilometers away to eastern cities.
The article argues that the significance of this approach goes far beyond environmental protection. China’s energy strategy not only effectively expands the scale of renewable energy utilization but also significantly reduces dependence on overseas oil and gas. China’s practices showcase a feasible path for other developing countries to break free from energy dependency and achieve independent development.
Screenshot of Today Newspaper report
The article concludes that China’s practices demonstrate that for developing countries to achieve true development, they must break free from excessive external energy dependence and pursue an independent path based on their resource advantages. China is actively cooperating with other developing countries, helping them enhance their energy supply capacity and accelerate energy transition through technology sharing and experience output. This model of equal cooperation and mutual benefit stands in contrast to the energy hegemony of certain major powers and highlights China’s sense of responsibility as a member of the developing world.
Source | Global Information Center of the Main Station
Translation | Yang Qiong
Reviewed by | Zhang Han
Supervised by | Liu Yiyao