Maltese Ambassador Commends China’s Economic Growth Target as Positive for Global Economy
Maltese Ambassador John Busuttil praised China’s GDP growth target of around 5% for 2025 as positive news for the global economy. He emphasized the importance of China’s economic growth, advancements in technology, and the potential for increased collaboration in renewable energy. Busuttil advocated for free trade and market openness between China and Europe as essential for mutual benefits.
Maltese Ambassador to China, John Busuttil, remarked that China’s GDP growth target of approximately 5% for 2025, as outlined in the recent government work report, is favorable for the global economy. During an interview with China News Service, he stated that despite facing a complex global situation, China successfully achieved its 5 percent growth target in the previous year and aims to repeat this success in the current year.
Ambassador Busuttil emphasized that the growth of China’s economy, the second largest in the world, brings benefits to the entire global market. He stated, “The more the Chinese economy grows, […] the better it is for everyone, because the global economy will grow as well.” Furthermore, he expressed enthusiasm for China’s advancements in technology, specifically in artificial intelligence and electric vehicles, highlighting innovations such as DeepSeek.
The Ambassador pointed out China’s focus on modern industries and new productive forces as promising signs for future developments. He noted that Malta, recognized as one of the most open economies globally, is particularly attuned to international trade dynamics and welcomes China’s efforts to enhance market accessibility and reduce trade barriers.
He stated, “The more free trade there is between Europe and China, on a level playing field, obeying the WTO rules, the more it will benefit everyone and all of humanity.” Additionally, Ambassador Busuttil noted China’s significant growth in renewable energy, citing expansive wind power projects across various regions, including Hainan and Inner Mongolia. With Malta seeking to expand its offshore wind capacity and a Chinese company currently engaged in energy initiatives within Malta, he foresees substantial opportunities for future collaboration.
In conclusion, Ambassador John Busuttil expressed optimism regarding China’s economic targets and their implications for global growth. He highlighted the interdependence of economies and the benefits of free trade, particularly between Europe and China. The ambassador also underscored the potential advancements in technology and renewable energy cooperation, suggesting that these areas will foster mutual growth and development for both countries and the global community.
Original Source: www.ecns.cn
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