China's economic resilience rests on a more trustworthy government

Beijing must rebuild business confidence by holding officials accountable

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2025-03-11 National People's Congress (NPC)

The Great Hall of the People in Beijing: Holding local officials accountable for fulfilling their promises to business is key to meeting the economic challenges China faces.  © Reuters

David Tingxuan Zhang is an analyst at Trivium China, a Beijing-based strategic advisory firm.

With its economy wobbling in the face of renewed trade tensions with the U.S., China is pushing forward with domestic reforms to shore up business confidence. Those include a renewed pledge in March to improve the country's much-debated social credit system, a tool long synonymous with tracking and punishing untrustworthy citizens and companies. Only this time, the spotlight has turned inward: Authorities are vowing to hold the government itself to account. 

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