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“China’s economy is highly resilient, has great potential and is full of vitality”Time: 2023-10-31     Reading volume:

Author source: People’s Daily

       Data recently released by the National Bureau of Statistics of China,Preliminary calculation,China’s gross domestic product (GDP) in the first three quarters of this year increased by 5 year-on-year at constant prices.2%,The national economy continues to recover and improve。International people interviewed by our reporter believe that,Weak economic recovery in the world、Global inflation levels are still relatively high in a complex and severe external environment,China’s economy showed strong resilience and huge potential in the first three quarters,The vitality of the consumer market continues to increase,High-quality development moves forward steadily。

       “The effect of policy combination is gradually emerging”

       In a challenging international environment,China’s economic data in the first three quarters send a positive signal—the main engine of world economic growth is strong、Full resilience,“China’s economic ship will continue to move forward despite the wind and waves”。

       “The economic data in the first three quarters reflect the strong resilience of China’s economy,Indicates that the effects of a series of policy combinations introduced by the Chinese government are gradually emerging。" Dennis Munene, executive director of the China-Africa Center of the Kenya Africa Policy Institute, told this reporter,As various parts of China expand domestic demand and promote consumption policies, they are effective,The vitality of China’s consumer market continues to increase,Lay a solid foundation to achieve the expected goals for the whole year。

       "The w88 online live casinolatest economic data shows,China is expected to achieve its expected annual growth rate of about 5%。”Advisor to the Thai Senate Foreign Affairs Committee、Assongsi, associate professor at Thammasat University School of Economics, said,China’s economy is shifting towards high-quality development,Technological innovations continue to emerge,Become a stable source of power for economic growth。Assongsi took the booming Chinese cultural and tourism consumer market during the Mid-Autumn Festival and National Day holidays as an example,“This once again shows that China’s economic resilience is strong、Great potential、energetic”。

       Patricio Giusto, Director of Argentina’s Center for Arab-Chinese Studies, believes,China’s latest economic data and many indicators exceeded analyst forecasts,This shows that China’s economic recovery is becoming more obvious,Especially in terms of domestic consumption。

       “China has a huge domestic market,Macroeconomic policies are robust and efficient,Greatly enhanced its ability to withstand external shocks。" said Fajal Siravan, Director of the Economic Department of the Indonesian Center for Strategic and International Studies,With government incentives and guidance,The innovation capabilities of market entities continue to improve,Endogenous growth momentum continues to increase。“As China gradually improves intellectual property protection、Market access、Rules and regulations on fair trade, etc.,The resilience and innovation capabilities of China’s economy will be further enhanced。”

       National Bureau of Statistics data display,First three quarters,High-tech manufacturing investment and high-tech service industry investment increased by 11% year-on-year respectively.3% and 11.8%,Continue to promote industrial transformation and upgrading。Cai Wei, chief strategy officer of KPMG China Consulting, believes,China’s high-tech industry investment momentum is strong,The new kinetic energy field maintains rapid growth。Overall,As China’s economy returns to its normal track,Consumption potential is gradually released,The service industry continues to improve,China’s economy will maintain the overall trend of recovery。

       Xia Huasheng, associate professor of international finance at the University of Vargas Foundation in Brazil,In the case of increasing external uncertain and unstable factors,China’s high-tech industry investment growth momentum is good,Continue to promote the green transformation of development methods,Shows that market entities are working hard to improve their independent research w88 online live casinoand development capabilities,Promote China’s economic recovery。China has a solid position in the global industrial chain and supply chain pattern,Emerging industries accelerate development and growth,These are the key factors driving China’s economic growth。

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       New energy vehicle company Tesla will upgrade and expand the Shanghai Gigafactory,German chemical company Covestro has started construction of its world's largest thermoplastic polyurethane production base in Zhuhai, Guangdong,German chemical and consumer goods manufacturer Henkel Group has built a new adhesive technology factory in Yantai, Shandong... Against the background of the continued downturn in global cross-border direct investment,The scale of China’s foreign investment attraction is still at a historically high level,Foreign capital is actively deploying in China,Fully demonstrates the “magnetic attraction” of the Chinese market。The UAE's "Gulf News" commented,China continues to relax market access、Optimizing the business environment,More international companies invest more in China。

       Data recently released by China’s Ministry of Commerce,January to September this year,37,814 newly established foreign-invested enterprises nationwide,YoY growth of 32.4%。New foreign-invested enterprises continue to increase,Most achieve better profits,The investment structure is constantly optimized。The third quarter of this year,China Council for the Promotion of International Trade conducted research and visits to nearly 700 foreign-funded enterprises,80% of the foreign-funded enterprises surveyed expect profits to remain the same or increase this year,Nearly 90% expect profits to be flat or increase in the next five years。

       China has always been one of the important strategic markets of the Danish LEGO Group。Huang Guoqiang, senior vice president of the Lego Group, told this reporter: "The Lego Group sees huge development space in the Chinese market,It also strengthened long-term investment confidence。We have opened brand retail stores in more than 120 cities in China,And continue to invest in digital transformation。Chinese consumers show great enthusiasm and expectations for LEGO products,Continuously inspires us to continue to deepen our cultivation and development in the Chinese market。”

       Rong Jie, Vice President of Henkel Group, said: "Currently,China pays more attention to being more efficient、Achieving high-quality growth in a more sustainable way,Promote innovation and sustainable development。China’s huge market provides vast opportunities for multinational companies。”

       In recent years,Global biopharmaceutical company Takeda Pharmaceuticals has entered a new high-speed development cycle in the Chinese market,Compound growth rate from 2020 to 2022 exceeds 30%。Said Ruina Shi, President of Takeda Global Biopharmaceutical and International Markets Business Group,The policies and measures introduced by the Chinese government encourage global biopharmaceutical companies driven by R&D。Working in China for nearly 30 years,Takeda continues to invest and expand business in China,And rely on the increasingly open market environment,Create Fusion、Innovation、Valuable digital healthcare ecosystem,"We firmly believe that China's economy has a good foundation and growth potential"。

       “Continue to inject strong impetus into the development of the world economy”

       The Financial Times report quoted analysts from Goldman Sachs as saying,Recent data display,China’s economy entering the fourth quarter “has more green shoots”。Bloomberg thinks,Judging from the momentum in the first three quarters,China’s annual economic growth target is within reach。International people think,China’s economic performance continues to improve,will continue to provide important support for world economic development,Provide more opportunities for common development and prosperity of all countries。

       “China’s economic stabilization and recovery momentum continues to consolidate,This is undoubtedly good news for the global economy。" said Mohammed Sadiq, a researcher at the Saudi Center for Scientific Research and Knowledge Exchange,In recent years,China insists on taking scientific and technological innovation as its lead,The industrial structure is continuously optimized and upgraded,The quality of development is steadily improving。5G、New energy、The development of emerging industries such as artificial intelligence creates higher value for the Chinese economy、Inject more kinetic energy,Also brings opportunities for cooperation with other countries,Help all countries in the world prosper together、Common progress。

       Chai Weicai, Senior Vice President of Thailand’s Kasikornbank said,The resilience of China’s economy and China’s huge market bring a lot of opportunities to the world economy and international trade。As the world’s second largest economy and an important trading partner of ASEAN,China continues to open up to the outside world at a high level,Actively promote economic globalization,It has an important role in promoting the recovery of the world economy and the economic development of ASEAN members。

       “China’s economy is full of vitality。w88 slot”Brazil Institute of Applied Economics International Policy、Researcher Marco Mendoza of the Department of Economic Relations and Research thinks,China’s economic performance is attributed to a series of structural reform measures introduced by the government in recent years,At the same time, it also benefits from adhering to a high level of opening up to the outside world,"These will help promote the development of the country's economy and inject vitality into the global economy。”

       Hirawan said,China’s ultra-large domestic market、Strong innovation ability、Complete industrial system、A high-level labor force and the policy of continuing to deepen reform and opening up are the solid foundation for China’s economy to maintain stable growth。China is a beneficiary of economic globalization,is a contributor。He is confident in China’s future economic growth: “China’s economy will maintain long-term, stable and sustainable growth,Continue to inject strong impetus into the development of the world economy。”(Beijing、Nairobi、Bangkok、Buenos Aires、Jakarta、Rio de Janeiro、Dubai, October 29th, reporter Yu Yichun、Huang Weixin、Yang Yi、Xu Fang、Cao Shiyun、Shi Yuanhao、Ren Haoyu)


     
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