Xie Dongming, head of Greater China research at the overseas Chinese Bank of Singapore, said in an interview with Xinhua that China's economy has many advantages, such as large policy space. Xie Dongming said that China currently has large policy space and can cope with multiple pressures such as supply shocks. Recently, there has been a sharp rise in the prices of energy and bulk commodities in the world. In this regard, the Chinese government has adopted diversified means to regulate and control. This is the advantage of China's economy in terms of executive power, which can weaken the impact on the supply side and its negative impact on the economy. In addition, Xie Dongming pointed out that due to the recent multiple factors pushing up energy prices and global inflation, the long-term demand for new energy will be higher and higher. New energy is expected to play an increasingly important role in China's economy, and the high-quality development of relevant industries will continue. China has been at the forefront of the world in some related fields. I believe this will also bring competitive advantages to China's economy. (Xinhua News Agency)