Spokesperson of the Ministry of Foreign Affairs: China will continue to contribute to the recovery of the world economy and open up to the outside world | Economy | Spokesperson
Beijing, June 8th (Xinhua) - Chinese economy will continue to play an engine role and contribute to the recovery of the world economy, said Wang Wenbin, spokesperson of the Ministry of Foreign Affairs on June 8th. Welcome more foreign-funded enterprises to invest and develop in China, deeply cultivate the Chinese market, and share the benefits of development.
At the regular press conference that day, a reporter asked: The World Bank and the Organization for Economic Cooperation and Development have recently released the latest reports, raising their economic growth expectations for the world and major economies in 2023. The World Bank predicts that the Chinese economy will grow by 5.6% in 2023, while the OECD predicts that the Chinese economy will grow by 5.4% in 2023. Both mentioned that China's reopening has brought impetus to the development of the world economy. What is China's comment on this?
Wang Wenbin said that in recent times, multiple international organizations and institutions, including the United Nations, the World Bank, and the International Monetary Fund, have raised their expectations for China's economic growth this year. Some institutions have also raised their expectations multiple times in a row, which fully demonstrates the international community's trust in China's economic development prospects. "The Chinese economy will continue to play an engine role and contribute to the recovery of the world economy."
"Recently, many executives from multinational corporations have sparked a wave of 'visits to China' and cast a 'vote of confidence' in the Chinese economy. Wang Wenbin said that foreign investors value the huge opportunities brought by China's economic recovery and are optimistic about China's continuously optimized business environment. They have expressed confidence in the Chinese market and will continue to invest in China comprehensively.".
Wang Wenbin said that according to a recent research report by the China Council for the Promotion of International Trade, 97% of surveyed foreign-funded enterprises rated the foreign investment policies introduced by the Chinese government since the fourth quarter of last year as "satisfactory" or above, and their satisfaction with indicators such as access to financial services and market access exceeded 80%. A report released by the European Chamber of Commerce in China shows that factors such as China's market size, strong demand, the ability to quickly commercialize research and development results, and sufficient local talent have prompted a large number of European companies to conduct local research and development in China. Nearly 60% of the surveyed companies stated that they will increase their research and development spending in China in the next five years. The survey results of the American Chamber of Commerce in China also show that 66% of American companies in China will maintain or increase their investment in China in the next two years.
"China will continue to steadfastly promote high-level opening-up to the outside world, and is committed to creating a better market-oriented, rule of law, and international business environment for enterprises from all countries. We welcome more foreign enterprises to invest and develop in China, deeply cultivate the Chinese market, and share the dividends of development," he said.
