World

In Davos, the Chinese economy has gained popularity through its strength

2024-01-18   

The 2024 annual meeting of the World Economic Forum will be held in Davos, Switzerland from January 15th to 19th. More than 2800 political, business, academic, and media representatives from around the world have delved into the future of the world economy, and China's role has attracted much attention. Several attendees expressed optimism about the prospects of China's economic development and its positive impact on the world economy. As the world's second largest economy, China will continue to become a growth engine and plays an indispensable role in global politics, economy, technological innovation, and other fields. Borg Brender, President of the World Economic Forum, recently stated in an interview with Xinhua News Agency in Geneva, Switzerland that China will continue to be an important engine of global economic growth. On January 9th, in Geneva, Switzerland, Borg Brender, President of the World Economic Forum, gave an exclusive interview to Xinhua News Agency reporters. Xinhua News Agency reporter Lian Yi takes a photo of Brend's optimistic outlook on China's economic development. He stated that China has sufficient policy tools to boost the economy. China is shifting from growth based on investment and infrastructure to growth based on new fields such as electric vehicles. China is undergoing a period of transition from exports to services and digital trade, and is also an important producer of renewable energy related equipment. When it comes to the theme of this year's annual conference "rebuilding trust", Brend said that there is a lack of trust and intensified commercial competition among countries worldwide. China not only plays an important role in the global economy and trade, but also plays a positive role in building a more peaceful world, which will contribute to promoting the reconstruction of trust among countries. He believes that many of China's measures are of great significance to the world, such as playing an important role in multilateral trade negotiations and intergovernmental climate change negotiations, maintaining close cooperation with countries in the "global south", and playing an increasingly crucial role in maintaining global peace and security. On January 16th, in Davos, Switzerland, attendees took a group photo at the "Dalian Night" reception. According to Liang Guoyong, a senior economist at the United Nations Conference on Trade and Development, China's economy is huge and contributes about one-third of the world's economic growth. Promoting high-level opening up on such a large scale will have a positive effect on promoting international economic and trade development and world economic growth. The 2024 Global Risk Report released by the World Economic Forum on the 10th pointed out that economic uncertainty will continue to exist in the coming years, and the economic and technological divide will continue to widen. Ni Yili, Chairman of McKinsey China, a global management consulting firm, recently stated that although the world economy is full of uncertainty in 2024, the Chinese economy still maintains good fundamentals. Ni Yili believes that the resilience of the Chinese economy and enterprises has significantly improved in the past two years. Considering the size of the Chinese economy, its growth rate has far exceeded the average level of other major economies, and the overall economic momentum is good. With China increasing its investment in manufacturing and renewable energy technologies, a series of measures to boost the economy have begun to take effect and show results. Ni Yili expressed that China has strong innovation capabilities and a hardworking and high-quality workforce, and he is full of confidence in the long-term healthy development of the Chinese economy. The world's first 16Mbps device

Edit:YiJing Responsible editor:LiYi

Source:news.cn

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