Wang Yiming, China International Economic Exchange Center: The importance of demand side to economic growth will be further highlighted.
On September 13, Wang Yiming, Deputy Director of the China International Economic Exchange Center and former Deputy Director of the Development Research Center of the State Council, stated at the 2025 China Automobile Industry Development International Forum that China's economic growth in the first half of the year was better than market expectations, with strong performance in equipment manufacturing and high-tech industries, especially rapid growth in new energy vehicles, industrial robots, and the service industry also showed significant growth. Overall, supply exceeded demand. Moving forward, the importance of demand in economic growth will become even more prominent.
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