Economic Daily Jin Guanping: China Continuously Provides Power for Global Development

Release time:Apr 16, 2024 05:25 AM

The first quarter achieved a good start, the second quarter continued to recover, and the quality of development steadily improved in the third quarter. Faced with a complex and severe external environment, the Chinese economy has withstood pressure, stabilized its scale, and improved its quality, injecting confidence and momentum into the global economic recovery.

Currently, global inflation continues, financial markets are turbulent, and debt pressures are rising. The international market is becoming more unstable, uncertain, and unpredictable, posing significant challenges to the economies of all countries. In this context, China has brought valuable certainty to the uncertain world economy through its stable development. The International Monetary Fund predicts that China's economic growth rate will be 5.2% this year, contributing one-third of the world's economic growth. Goldman Sachs Group has released a report stating that with the adjustment of economic policies in the second half of the year, the Chinese market has entered a buying window period. The international community is optimistic about the prospects of China's economy, demonstrating the strong and enduring attractiveness of the Chinese market.

Since the beginning of this year, the enthusiasm for foreign investment in China has continued to heat up. Tesla is building a new energy storage super factory in Shanghai; Airbus is building a second production line in Tianjin; AstraZeneca and Qingdao High tech Industrial Development Zone have signed an investment cooperation agreement... Foreign enterprises have cast a vote of confidence in the Chinese economy through practical actions. In the first half of the year, China established 24000 new foreign-invested enterprises, an increase of 35.7%. Developed countries have maintained growth in investment in China, with France, the United Kingdom, Japan, and Germany increasing by 173.3%, 135.3%, 53.0%, and 14.2% respectively.

The reason why the world is paying attention to China is that the driving force and momentum of China's economic growth are strong. From the perspective of investment returns, in the first quarter of this year, the China Council for the Promotion of International Trade conducted research visits to more than 600 foreign-funded enterprises, and over 80% of the surveyed enterprises expect their investment profit margins in China to remain unchanged or increase this year. From the perspective of market opportunities, relying on a huge market size, complete infrastructure, continuously optimized business environment, and increasingly deepening open strategies, the Chinese market is becoming an incubator, testing ground, and display and promotion platform for new technologies and models, with both enormous commercial value and innovative source attributes.

In the context of weak global economic recovery, China actively expands high-level opening up, continuously optimizes trade structure, strengthens economic and trade exchanges with countries around the world, and continuously opens up new space for mutually beneficial cooperation between China and foreign countries. In the first half of the year, China's import and export of goods reached 20.1 trillion yuan, setting a new historical high for the same period. From continuously reducing the negative list of foreign investment access, increasing the list of industries encouraging foreign investment, to synchronously implementing the Regulations on Optimizing the Business Environment and the Foreign Investment Law; From promoting the high-quality development of the "the Belt and Road", to promoting the construction of Hainan Free Trade Port, China has shown the world its firm determination to promote development and win-win results through opening up, making the consensus that "investing in China is investing in the future" clearer.

It should be noted that economic development has never been smooth sailing. At any stage of development, pressure and challenges coexist. The Chinese economy has strong resilience and ample potential, and its long-term positive fundamentals have not changed. Looking towards the future, China has the confidence, conditions, and ability to continuously improve its economic structure, enhance growth momentum, and maintain a positive development trend. It will continue to be an important support for the world economy and provide more opportunities for the international community.

Guiding the right direction for promoting the development of the international human rights cause -- President Xi Jinping's congratulatory letter to the high-end forum on global human rights governance triggered a warm response to the high-end forum on global human rights governance

Xinhua News Agency, Beijing, June 14th, title: To guide the right direction for the development of international human rights -- President Xi Jinping's congratulatory letter to the Global Human Rights Governance High-end Forum triggered a warm response Xinhua News Agency reporter "China is willing to work with the international community to implement the Vienna Declaration The spirit of the" Program of Action "promotes the development of global human rights governance in a more fair, just, reasonable and inclusive direction, and promotes the construction of a community with a shared future world." On June 14, President Xi Jinping sent a congratulatory letter to the high-end forum on global human rights governance, which triggered a warm response from Chinese and foreign guests. They said that President Xi Jinping's congratulatory letter put forward China's propositions on the development of the international human rights cause and global human rights governance, and clarified China's vivid practice of implementing the spirit of the Vienna Declaration and Program of Action and respecting and protecting human rights.

Micro Video | Strengthening the Construction of an Education Strong Country, Comprehensively Improving Population Quality with High Quality | Population | Micro Video

June 11th is China Population Day. Population development is a major event related to the great rejuvenation of the Chinese nation. The first meeting of the 20th Central Financial and Economic Commission recently stressed that Chinese path to modernization should be supported by high-quality population development. The meeting proposed to regard the construction of an education strong country as a strategic project for high-quality population development, comprehensively improving the scientific and cultural quality, health quality, and ideological and moral quality of the population. High quality scientific and cultural supply is continuously improving the scientific and cultural literacy of the people. The report of the 20th National Congress of the Communist Party of China clearly proposes to "strengthen youth sports work". Rock climbing, baseball, running, ice sports... Sports activities are gradually being added to students' schedules and becoming an essential part of their learning and life. The 14th Five Year Plan for Cultural Development points out that improving families and schools

The overall stable operation of domestic prices - Interpretation of May CPI and PPI data month | year-on-year | Overall

Xinhua News Agency, Beijing, June 9th (Xinhua) -- The overall stability of domestic prices -- Interpretation of May CPI and PPI data. Xinhua News Agency reporters Wei Yukun and Han Jianuo released data on June 9th, showing that consumer demand continued to recover in May, with the national consumer price index rising by 0.2% year-on-year, an increase of 0.1 percentage points from the previous month; Excluding food and energy prices, the core CPI increased by 0.6% year-on-year, and the overall operation of domestic prices remained stable. In China's CPI basket of goods, food accounts for a relatively high proportion. In May, food prices increased by 1% year-on-year, an increase of 0.6 percentage points compared to the previous month. Among them, the prices of poultry, edible oil, and fresh fruits have increased by 5.6%, 3.6%, and 3.4% respectively, with all increases falling back; The price of pork has decreased from a 4% increase last month

The Construction of Modern Civilization of the Chinese Nation injects inexhaustible spiritual Power into the Promotion of Chinese-style Modernization-General Secretary Xi Jinping's important speech at the Symposium on Cultural inheritance and Development aroused strong repercussions in China | Chinese Civilization | General Secretary

Everyone said that on the new journey of comprehensively promoting the great rejuvenation of the Chinese nation, we should be firm in cultural self-confidence, take on the mission, and work hard to learn rich nutrition from the excellent traditional Chinese culture, refine and sublimate in the great practice of Chinese path to modernization, so that the Chinese civilization can glow with new vitality and vitality, and inject strong civilization nourishment and spiritual strength into the construction of a strong country and national rejuvenation. The cultural and national fortunes are intertwined, and the cultural context is connected to the national context.