Beijing, Oct. 30 -- China is doubling down on technological innovation to fuel its high-quality development in the next five-year period. This transition is poised to generate significant positive spillovers for global prosperity.

In contrast to the narrative of those who doubted China's sustained growth, some Western voices now concede its momentum but claim its tech surge is "crowding out" their own countries' room to expand. They identify China's massive potential but arrive at wrong conclusions about its global implications.

The Communist Party of China concluded a pivotal meeting last week, approving recommendations for the country's 15th Five-Year Plan, a roadmap that will steer national development through 2030. The document reaf...