(ECNS) -- China's stable and rapid development will continue to drive global economic growth, Peking University Professor Justin Yifu Lin said Monday at a salon in Beijing.
Lin made the remarks during a talk at Linjia 7 Salon, organized by the China Public Diplomacy Association. He delivered a keynote speech on China's economic trajectory and answered questions from both local and international journalists.
With global concerns mounting over rising tariffs and intensifying U.S. pressure on China, the outlook for both the global and local economies has drawn widespread attention.
Lin emphasized that the essence of economic development lies in ongoing technological innovation, continuous industrial upgrading, and the emergence of new drivers of productivity. Despite facing some export challenges due to the U.S. trade policy, he noted that China continues to show tremendous potential. Supported by both a dynamic market and proactive governance, Chinese enterprises are poised to grow even stronger.
He reiterated that China believes in mutual benefit and win-win cooperation, particularly in trade. "Trade benefits both China and the United States, as well as the world at large," he said. China has always pursued economic exchanges based on openness, inclusiveness, and shared prosperity. If the world's two largest economies — China and the U.S. — can work together, it would not only benefit their own development but also create greater opportunities and platforms for global progress.
He further remarked that current U.S. trade policies are irrational and unsustainable. "In the end," he said, "such irrational policies will be rejected — not just by the American people, but by the international community as a whole."
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