Cooperation, growth and contribution -- China's "key words" echo the annual meeting of the World Economic Forum

2023-01-22

The 2023 annual meeting of the World Economic Forum closed in Davos, Switzerland, on the 20th. "China's economy" is the key word repeatedly mentioned in the hundreds of thematic discussions at the annual conference, and China has also become the major economy that the participants are most looking forward to. Observers believe that China is one of the few positive factors that boost global expectations as the world economy faces the severe challenges of dangerous and unprecedented differentiation. The world is more concerned and optimistic about China's economy, and expects China to play a key role in building a more inclusive and resilient world economy. China's opening up boosts global confidence. Participants generally believed that this annual meeting was held under the unprecedented impact of multiple changes. The COVID-19, climate change, geopolitical conflict, energy transformation, supply chain restructuring and other global and urgent challenges coexist. However, in this dangerous and unprecedentedly divided world, the international community is facing an embarrassing situation of lack of cooperation. Borg Brend, President of the World Economic Forum, said at this annual meeting that in the past few years, the international order that people had been familiar with was disintegrating, and leaders must adjust their understanding and practice of geopolitics, but there was little time left for them to deal with global challenges. The theme of the annual meeting of the Forum is "Strengthening cooperation in a divided world". Opposing unilateralism and protectionism and promoting comprehensive strengthening of international cooperation have become the consensus of the participants and the strong voice of this annual conference. The statement made by President Marcos of the Philippines at this annual meeting is quite representative. He said that as the largest trading partner of the Philippines, China's investment in the Philippines is also growing rapidly with its own economic growth. Faced with the uncertainty of the world economy, countries in the Asia-Pacific region must strengthen cooperative partnership and jointly resist risks. "The world cannot return to the old pattern of bipolar opposition". Many participants said that they were heartened by China's adherence to opening up and continuous improvement of its level of opening up, its opposition to unilateralism and protectionism, and its promotion of comprehensive strengthening of international cooperation. During this annual meeting, many forum guests expressed their optimism about China's economic growth prospects, which was further reinforced by the latest "annual report" of China's economy. According to the latest data, according to the preliminary calculation, China's gross domestic product (GDP) will exceed 120 trillion yuan in 2022, an increase of 3% over the previous year, which is significantly better than the general expectation of the outside world. Some international media commented that China "kindled people's hope for the world's second largest economy to boost global growth". No matter in the venue, corridor or tea break, the international guests interviewed are almost all optimistic about China's economic development prospects, and expect China to continuously release its economic vitality and potential after optimizing and adjusting its epidemic prevention policies. Gita Gopinath, the first vice president of the International Monetary Fund, said during the annual meeting that China's economic growth might recover rapidly from the second quarter of this year. Axel Lehmann, chairman of Credit Suisse, said that China's economic fundamentals were good and had great growth potential. Douglas Peterson, global president and CEO of S&P, said that as China optimizes and adjusts its epidemic prevention policy, consumer demand will be released

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:xinhua

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