Zhonggong Manping | Winning Confidence with Resilience and Sincerity! China | Economy | Zhonggong
Painting/Liu Qi Text/Li Jing
On June 7th local time, the Organization for Economic Cooperation and Development released its latest economic outlook report, once again raising China's economic growth expectations, raising China's economic growth rates for this year and the next two years to 5.4% and 5.1%, respectively. The OECD believes that China's economic recovery has driven global economic activity. Previously, the United Nations, the World Bank, and the International Monetary Fund have all raised their expectations for China's economic growth.
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The four major international organizations have raised or even repeatedly raised their expectations for China's economic growth this year, fully demonstrating the international community's confidence in China's economic development prospects. The confidence gained was not easy to come by, thanks to our country's resilience and greater sincerity in opening up against the trend. In the face of multiple challenges in the world economy, China's economy is steadily progressing and overall improving, demonstrating strong resilience and certainty. Since the beginning of this year, China's economy has achieved a good start, with major economic indicators such as consumption and investment improving, and market expectations significantly improving. It is precisely because of this that many international organizations and foreign executives who have come to China one after another have cast a vote of confidence in China. China will continue to increase reform and optimization efforts in marketization, rule of law, and international business environment, continue to promote a higher level of opening up to the outside world, continue to play an important role in the world economy, continuously provide new opportunities for the world with China's new development, and contribute to the recovery of the world economy.