Demonstrate resilience and boost confidence -- Overseas hot discussion on the 2022 Chinese economic report card

2023-03-02

According to the 2022 National Economic and Social Development Statistics Bulletin issued by the National Bureau of Statistics on February 28, in the face of multiple unexpected factors at home and abroad, China has stabilized its macroeconomic market, its economic strength has reached a new level, employment prices are generally stable, new drivers continue to grow, and high-level opening up continues to expand. International observers believe that the Chinese economy has shown resilience and vitality in the face of unprecedented risks and challenges, and has made important contributions to global economic growth and boosted global confidence by stabilizing the price level, maintaining the operation of the industrial chain supply chain, and promoting high-level opening up. According to the statistical bulletin of "tenacity" of development boosting global confidence, China's gross domestic product (GDP) will reach 121 trillion yuan (about 17.5 trillion US dollars) in 2022, reaching a new level and taking the lead in the growth rate among the major economies with the highest economic size in the world; The foundation for development is more solid, the comprehensive national strength is further strengthened, and the status of the world's largest manufacturing country continues to be maintained. International observers believe that in the face of the complex and severe situation at home and abroad, China's economy will move forward steadily in 2022, which will not only show resilience, but also boost the confidence of the outside world in the strong recovery of China's economy and help the global economic recovery. Fernando Fazolari, coordinator of the Infrastructure Committee of the Argentine-China Chamber of Commerce, said that China has a broad domestic market, and building a new development pattern of "double circulation" is one of the sources of China's economic resilience. It is foreseeable that China will further strengthen its economic, trade and investment exchanges with other countries and regions, bringing benefits to the global economic recovery and growth. "I am optimistic about China's economic prospects and look forward to more cooperation with Chinese enterprises," he said. Michael Schumann, president of the German Federal Economic Development and Foreign Trade Association, said that China's economic performance strongly responded to those bearish arguments and reflected its economic resilience. It is expected that China's economy will achieve stronger growth in 2023. Juan Estevan Moussalem, president of the Chile-China Chamber of Commerce, Industry and Tourism, believed that China's economic growth prospects this year were optimistic and would have a positive effect on the global economy, and China's demand for agricultural products from Chile and other Latin American countries would continue to grow. Gu Yushao, senior vice president of Medtronic Global and president of Greater China, a Fortune 500 company, told reporters that many international organizations and well-known investment banks have recently raised their expectations for China's development, fully reflecting the general optimism of all sectors for China's economic development prospects. In the new year, the international community expects China to inject more vitality into economic globalization. The "stability" of prices will hedge global inflation. In 2022, the global economy will suffer from the pain of high inflation, and China's price situation will remain stable as a whole. The statistical bulletin shows that the monthly growth of China's consumer price index (CPI) has always been less than 3%, and the annual growth of 2.0%, which is significantly lower than the growth of developed economies such as the United States, the European Union and the United Kingdom, and also significantly lower than the growth of major emerging economies. Overseas people believe that China is an important participant in the global value chain, and maintaining its own low inflation level is of great significance to curb global inflation. "In a country with a population of 1.4 billion, it is very difficult to stabilize prices, especially in the face of the COVID-19 epidemic and the impact of slowing global economic growth." Ma

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Xinhua

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