Foreign Media's View on China's Epidemic Prevention: "Strong Economic Recovery is Ahead"

2023-01-04

Recently, foreign media have noticed that Beijing and other Chinese cities that have passed the peak of the epidemic have accelerated the pace of returning to work and production, and the consumption vitality has emerged; The number of trucks on the road increased, the number of domestic flights increased, the number of outbound flight bookings increased, and the number of cinemas increased. After the optimization and adjustment of epidemic prevention and control measures, China's economy will recover strongly and play a significant role in boosting global economic stability and growth. "China's economy will recover faster than expected," foreign media said. After the adjustment and transformation of China's epidemic prevention and control measures, people in Shanghai, Wuhan and other places participated in the New Year celebrations to pray for a better new year. Agence France Presse reported on the 1st that young people flocked to clubs, music venues and bars in Beijing; In Shanghai, young people wearing masks welcome the New Year on the streets near the iconic Bund; In Wuhan, when the clock strikes midnight, people release festival balloons. After the optimization and adjustment of China's epidemic prevention policy, production and life in Beijing and other cities have returned to normal, and economic vitality has recovered. Many foreign media are optimistic about China's economic recovery after optimizing epidemic prevention and control policies. Singapore's Lianhe Zaobao quoted economists as saying that China's economy is more likely to rebound faster and stronger in 2023. Bloomberg observed that in the week before New Year's Day, the number of subway passengers in Beijing, Chengdu and Wuhan increased by 40% - 100%, and the degree of traffic congestion increased by about 150% - 240%, indicating that residents in these areas are returning to work, shopping and restaurants. Bloomberg reported that although the economic and social activity is far lower than the level before the epidemic, the rapid rebound of vitality in Beijing and other cities shows that once the epidemic is over, China's economy can recover faster than expected. Citibank analysts were quoted by the Financial Times as predicting that China's total retail sales of consumer goods will increase by 11% to 50 trillion yuan in 2023, and most major cities will pass the epidemic peak by mid January. According to the report, investors and analysts predict that "the next year will be brighter". Reuters reported that Zhou Hao, chief economist of Guotai Jun'an International, was quoted as saying: "In general, we believe that the worst period of China's economy has passed, and a strong economic recovery is ahead." "Global investors are eager to return to China to do business." After the optimization and adjustment of the epidemic prevention and control measures, the temporary measures for Chinese and foreign personnel exchanges were implemented on January 8. The contents include: no more nucleic acid testing for all the entry personnel, and those who have normal health declaration and no abnormality in the customs port routine quarantine can be released to the public; Cancel the load factor limit of international flights; Further optimize the arrangements for foreigners to come to China, such as returning to work, returning to production, business, studying abroad, visiting relatives and reuniting, and provide corresponding visa facilities. A number of foreign business associations in China and other institutions believe that this will help to restore Chinese and foreign personnel exchanges and business travel, and restore confidence in investment and business. The Associated Press reported that many foreign enterprises welcomed the end of China's isolation of inbound tourists as an important step towards revitalizing business activities. The report quoted Hua Ganglin, chairman of the board of directors of the American Chamber of Commerce in China, as saying, "This clears the way for resuming normal business travel.". According to the Financial Times

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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