Justin Yifu Lin: China's economy is the greatest certainty amid international uncertainty

2026-04-04 16:59:48

Ask AI · How does Lin Yifu argue that China’s economy has become a global stabilizer?

China News Service, March 25 (Reporter Wang Yichen) — During the 2026 annual meeting of the Boao Forum for Asia, Lin Yifu, Dean of the Institute of New Structural Economics at Peking University, said on March 25 that the international situation is currently complex. Wars related to Russia-Ukraine and the U.S., as well as the conflict involving Iran, have pushed up international oil prices and brought pressure to development efforts across all sectors. This year is the year that China’s “15th Five-Year Plan” begins. In the past, China’s contribution to the world economy’s growth has reached 30% every year. Under the current international challenges, this growth contribution is the biggest certainty amid uncertainty in the international situation. Moreover, China still has the potential for 8% economic growth every year, with its core reliance on advantages in technological innovation and industrial upgrading.

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