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Chinese Ambassador, Yin Chengwu Highlights Global Cooperation, Taiwan’s Anniversary, and China’s 15th Five-Year Plan

Monrovia, Liberia – At a high-level media briefing on Wednesday at the Chinese Embassy in Congo Town, H.E. Yin Chengwu, the People’s Republic of China’s ambassador to Liberia, revealed the strategic direction of China’s future development and its growing cooperation with the Global South, especially Liberia.

Major national and international Chinese policy issues, such as China’s 15th Five-Year Plan, the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China (CPC), the Global Leaders’ Meeting on Women, and the 80th anniversary of Taiwan’s return to China, were discussed by Ambassador Yin with Liberian journalists.

“I would like to have an exchange with you on several important topics, including the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China, China’s 15th Five-Year Plan, the Global Leaders’ Meeting on Women, and the 80th anniversary of Taiwan’s restoration to China,” Ambassador Yin told journalists.

He clarified that during the 20th Central Committee of the CPC’s Fourth Plenary Session, which took place in Beijing from October 20 to 23, 2025, the country’s leadership reviewed China’s performance and approved the strategic suggestions that will direct China’s growth over the following five years.

“Participants at this session listened to and discussed the report on the work of the Political Bureau, presented by President Xi Jinping, and also adopted the recommendations of the Central Committee for formulating the 15th Five-Year Plan for Economic and Social Development,” he said.

Ambassador Yin stated that the Central Committee overwhelmingly approved of the Political Bureau’s work and gave a favorable evaluation of China’s accomplishments under the 14th Five-Year Plan, pointing out significant advancements in economic growth, technical development, and global influence.

“China’s economic power, scientific and technological prowess, and global influence have all reached unprecedented levels. We have successfully begun the Second Centenary Goal and made significant progress in modernizing China,” he continued.

According to him, China is almost finished with the main goals of the 14th Five-Year Plan, and the country’s long-term modernization initiative would be significantly impacted by the future 15th Five-Year Plan era, which starts in 2026.

“The 15th Five-Year Plan period will be critical as China works toward basically achieving socialist modernization by 2035. It will serve as a key link between the past and the future,” the ambassador noted.

Ambassador Yin emphasized that a wide-ranging, democratic process with national public engagement was used to develop the 15th Five-Year Plan. He said that during earlier this year’s consultations, almost three million legitimate public submissions were received.

“Since January this year, the CPC Central Committee has been soliciting opinions from the entire society. More than three million valid submissions were received. This draft recommendation is the result of a whole process of democracy,” he stated.

He emphasized that China’s internal economy is still solid and resilient despite acknowledging that the country currently faces a complicated global environment characterized by uncertainty and increased foreign competition. “On the international front, the world is undergoing rapid changes unseen in a century. On the domestic front, China’s economic foundation remains stable, resilient, and full of potential,” Yin said.

With a focus on high-quality growth, innovation-driven development, enhanced social welfare, green transformation, national security, and modernizing national defense, China will continue to prioritize economic development under the 15th Five-Year Plan.

In addition to guaranteeing higher living standards for its citizens and the achievement of fundamental socialist modernization, the ambassador stated that China hopes to greatly increase its economic might, scientific and technological strength, military might, and global influence by the year 2035.

Ambassador Yin noted that developing nations, particularly those in the Global South, will benefit from China’s increasing power under the 15th Five-Year Plan. “The certainty of China’s development under the 15th Five-Year Plan will bring long-term opportunities for shared global development. Just as China can succeed, Liberia and other developing countries can also succeed,” he said.

He disclosed that China’s GDP is expected to rise to around US$20 trillion by the end of 2025 and that it continues to contribute roughly 30% of global economic growth each year, solidifying its status as a significant global economic powerhouse.Ambassador Yin went on to say that Liberia is already reaping the benefits of China’s zero-tariff policy on all goods imported from least-developed nations, which has greatly increased Liberia’s exports to China.

“Liberia’s exports to China have expanded substantially since China and Liberia signed the agreement on economic and technical cooperation,” he confirmed.

Additionally, he urged Liberian companies to utilize international trade venues like the Canton Fair and the China-Africa Economic and Trade Expo in Changsha, which he highlighted as crucial channels for boosting international economic ties. “These platforms expand Liberian businesses’ sales channels and increase their visibility,” he stated.

Regarding development cooperation, Ambassador Yin listed a number of significant projects that China is actively supporting in Liberia. The National Clinical Diagnosis and Treatment Laboratory has passed its mid-term inspection, two overpass bridges are being built along Tubman Boulevard, and the LBS Project is almost finished.

Additionally, he revealed that Liberia’s first specialist cardiac care unit, the Cardiology Department at the John F. Kennedy Medical Center, which was created under the China-Liberia hospital cooperation mechanism, has been formally turned over. The ambassador pointed out, “This greatly improves public access to high-quality healthcare services.”

He added that Chinese medical teams are still doing outreach programs throughout Liberia and that the Ministry of Health and JFK Medical Center have received ultrasound machines, medical supplies, and equipment from China. He also announced the start of the seventh phase of the Bamboo and Women’s Agricultural Technical Assistance Program and the recent arrival of food assistance from China.

Speaking about more general international engagement, Ambassador Yin reiterated China’s dedication to fostering Global South cooperation and strengthening ties with developing countries through efforts in trade, infrastructure, healthcare, agriculture, and women’s empowerment.

“China and Liberia are both developing countries and members of the Global South. China will continue to strengthen cooperation, provide development support, and offer more public goods to the international community,” he noted.

The Chinease envoy reaffirmed Beijing’s steadfast commitment to the One-China Principle on the 80th anniversary of Taiwan’s return to China, stressing that it continues to be the cornerstone of China’s foreign policy and international relations.

Ambassador Yin came to the conclusion that Liberia is well-positioned to gain from increased trade, deeper investment cooperation, better healthcare services, modern infrastructure, and shared development possibilities as China is ready to embark on a new phase of modernization under the 15th Five-Year Plan.

“China remains unwavering in opening wider to the world and sharing its development opportunities with all partners, including our Liberian friends,” he concluded.

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