Global EditionASIA 中文雙語Fran?ais
China
Home / China / Latest

Xiconomics: China strives to push for peace and development in stormy times

Xinhua | Updated: 2022-04-27 13:16
Share
Share - WeChat
A worker welds steel billets at a special steel company in Ma'anshan, Anhui province, on March 30. [Photo by Luo Jisheng/For China Daily]

Continued confidence

Although it marked down China's growth forecast for this year in its latest report, the IMF expressed confidence in its outlook of the world's second-largest economy.

"We see China capable of boosting the economy, because it has ample policy space," the agency's chief said last week.

"We have seen in the last days, the People's Bank of China taking action to ease conditions for access to credit," Georgieva said. "And it also has space in terms of fiscal policy."

It takes good iron to make good products, a Chinese saying goes. China has been leading by example on how a science-based economic philosophy unleashes growth momentum at home and drives regional and global development with positive spillovers.

According to Bloomberg, Chinese policy over the past two years "has prevented a huge number of deaths at home and ensured that everything from iPhones and Teslas to fertilizer and car parts continues to flow to the rest of the world."

The alternative "could bring global supply chains to a halt, sending inflation higher," Bloomberg said.

In the first quarter of this year, China's total imports and exports expanded 10.7 percent year on year to 9.42 trillion yuan (about $1.47 trillion), the seventh consecutive quarter of growth.

The country retains its appeal to regional and global investors with a fully-established industrial chain, industrial clusters and a massive consumer market.

Foreign direct investment into the Chinese mainland, in actual use, went up 31.7 percent year on year to $59.09 billion in the first quarter of the year. Inflows into the country's high-tech industries logged a sharp yearly increase of 52.9 percent, according to official data.

According to a survey last year by the American Chamber of Commerce in Shanghai, 60 percent of more than 300 US companies operating in China reported increased investment compared with 2020.

Continued confidence in China can also be found in the annual Business Confidence Survey 2021 published by the European Union Chamber of Commerce in China. Only 9 percent of nearly 600 European companies operating in China planned to shift any current or planned investment out of the country, the lowest share on record.

"China's economy continues to have massive growth potential," said Khairy Tourk, a professor of economics with the Stuart School of Business at the Illinois Institute of Technology in Chicago. "I feel quite optimistic about the country realizing its potential."

On the supply side, China has a blueprint for changing its economy from a low-end manufacturer to a high-end producer, said Tourk. "This has advantages in raising people's living standards and acting as a hedge against external shocks."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 狠狠噜天天噜日日噜视频麻豆| 色五五月五月开| 日本视频免费观看| 亚洲精品tv久久久久久久久久| 色婷婷亚洲一区二区三区| 国产精品欧美一区二区| 一区二区在线免费视频| 日韩国产成人精品视频| 亚洲欧美成人一区二区在线电影 | 高潮毛片无遮挡高清免费视频| 夜爽爽爽爽爽影院| 中文字幕网在线| 特级毛片a级毛片免费播放| 国产中文欧美日韩在线| 100部毛片免费全部播放完整| 日韩人妻不卡一区二区三区| 亚洲砖码砖专无区2023| 精品视频在线观看一区二区三区| 国产成人亚洲综合欧美一部| 91精品国产手机| 少妇特殊按摩高潮惨叫无码| 久久夜色精品国产噜噜| 欧美性xxxxx极品老少| 免费一看一级毛片人| 色天天综合久久久久综合片 | 久久天天躁狠狠躁夜夜2020一| 欧美视频亚洲视频| 全免费a级毛片免费看| 色视频线观看在线播放| 国产普通话对白刺激| 91av在线免费视频| 日本娇小videos精品| 亚洲国产精品一区二区久久| 男人狂桶女人出白浆免费视频| 国产1区2区3区4区| 51影院成人影院| 天天躁夜夜躁狠狠躁2021a| 中文字幕在线免费| 日韩一区二区免费视频| 亚洲a无码综合a国产av中文| 精品免费视频一卡2卡三卡4卡不卡|