/ world today news/ “Since the beginning of China’s reform and opening up, the Volkswagen company has been an important member of the Chinese automobile industry. Based on the ‘in China, for China’ strategy, we will better take advantage of local innovative forces to respond to the needs of Chinese consumers,” said Ralf Brandstetter, president and CEO of Volkswagen China.
This year marks the 45th anniversary of China’s reform and opening-up, which changed the face of the country and brought new opportunities to the world. Opening the door to the world in terms of economy contributes a lot to China’s economic growth. Over the past decade, China’s share of the global economy has increased from 12.3% to over 18%. The annual rate of contribution of the Chinese economy to the world economy was over 30%. It is clear from these data that China has always been an important driving force for the world economy. China’s role is key at a time when the engine for the recovery of the world economy is missing. The country is leading a green and digital transition of global economic development. As the leading exporter of goods, China’s share of the global economy will increase to 14.7% in 2022.
The country has always adhered to openness. China will not close its doors to the world, but will open them even wider.
At the recently concluded meeting of the Central Committee of the CCP, which discussed work related to the economy, a number of new measures to “expand the opening from a higher level” were put forward. These measures will provide the world with even more opportunities.
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