2023-10-20 10:01 Author: Wu Xiaoling Liu Chuntao Wang Zhongyi Lin Hao Wang Feng Lu Xiangming Yao Bing Shen Danlin Zhu Sheng Huang Zemin Wang Aona Kang Yi Mao Pengfei Wang Yi Xinhuanet Editor-in-Chief: Wu Jing
Xinhua News Agency, Beijing, October 19 Overview: Strong resilience and great potential—people from many countries positively evaluated China’s economy in the first three quarters
Xinhua News Agency reporter
Data released by the National Bureau of Statistics on the 18th showed that according to preliminary calculations, China’s gross domestic product (GDP) increased by 5.2% year-on-year at constant prices in the first three quarters of this year. In interviews with reporters from Xinhua News Agency, people from many countries believed that under the challenging situation, China’s economy showed strong resilience in the first three quarters, continued to recover, and made solid progress in high-quality development.
Analysts said that in the context of the current world economic recovery still facing multiple challenges, it is extremely difficult for China’s economy to maintain a sustained recovery and overall rebound. “This is quite remarkable!” said Gianni Rossouw, professor of economics at the School of Economics and Business at the University of the Witwatersrand in South Africa.
Ronny Lins, director of the Brazilian Center for China Studies, pointed out that through the implementation of prudent monetary policy and active fiscal policy, Chinese consumer confidence has been boosted, import and export trade has remained stable, and the service industry has grown well.
Argentine economist Javier Adelfond said that in the first three quarters of this year, in the face of a complex and severe international environment, China’s economy maintained good growth, showing that China’s economy is highly resilient and its economic foundation is relatively solid. Many data such as China’s total retail sales of consumer goods and the added value of industries above designated size across the country are also very positive, showing that China’s economic growth potential is still huge.
The data demonstrates the strong resilience and potential of China’s economy, giving the outside world confidence in China’s economic prospects. Michael Schumann, chairman of the German Federal Association for Economic Development and Foreign Trade, said that in the first half of this year, German companies invested 10.3 billion euros in China.
“German companies will only make such a large-scale investment if they are confident about China’s economic prospects,” Schumann said. “The stable growth of China’s economy is good for Germany, the EU and the whole world.”
Ljubo Jurcic, former Croatian Minister of Economy, told reporters that China’s measures to promote economic growth have achieved results and China remains an important engine for world economic development.
Selcuk Chorakkoglu, director of Turkey’s Asia-Pacific Research Center, emphasized that China’s continued economic recovery “is a very good signal for the world economy.”
Egyptian economist Walid Jabala said that China’s economy has strong flexibility and ability to respond to shocks, and can effectively respond to various challenges.
Judging from the new driving forces promoting high-quality development, the development of high-tech manufacturing industry has rebounded well in the first three quarters, with investment in high-tech industries increasing by 11.4% year-on-year. South African economist Hermo Preus believes that the service industry and high-tech industries will be the main driving force for China’s economic growth in the future.
Lu Chengquan, President of the Malaysian Chinese Chamber of Commerce and Industry, has visited China several times this year. He said that China’s pace of innovation has accelerated significantly and its industrial upgrading is obvious to all. Many Chinese companies continue to enhance their international competitiveness with their advanced technologies, products and services in financial technology, healthcare, 5G, big data, artificial intelligence, logistics and other fields.
Steve Hoffman, CEO of “Founders Space” in Silicon Valley, said that China’s rapid development in high-tech fields, especially artificial intelligence, is impressive. The advantages of China’s economy in many fields will reshape its industrial and economic forms.
Hidetoshi Tashiro, chief economist of Japan Unlimited Contract Co., Ltd. pointed out that China’s steady economic growth is inseparable from its innovative vitality. Innovation-driven development will further unleash industrial potential and promote sustained economic growth.
Overseas people also praised China for actively opening up and bringing important opportunities to global economic recovery. Chua Wee Chai, senior vice president of Kasikornbank in Thailand, said that as the world’s second largest economy and the most important trading partner of ASEAN countries, China continues to promote high-level opening up, playing an important role in promoting the recovery of global trade and demonstrating that China is a multilateralist and An active promoter of economic globalization. (Participating reporters: Zhong Ya, Li Xuejun, Wang Lei, Wang Xiaomei, Chen Weihua, Zhao Yan, Wu Xiaoling, Liu Chuntao, Wang Zhongyi, Lin Hao, Wang Feng, Lu Xiangming, Yao Bing, Shen Danlin, Zhu Sheng, Huang Zemin, Wang Aona, Kang Yi, Mao Pengfei, Wang Yi)
2023-10-20 02:01:14
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