A transcript of China's economy is also a barometer of the world economy. As the world's second largest economy, the largest trading country of goods and the largest foreign capital absorbing country, China's economic slowdown affects the world. In the first year of the 14th five year plan, China's economy responded to the world's expectations. "China data" brings world confidence The world economy is coming out of the trough, but it also faces many constraints. The risks of global industrial chain supply chain disorder, rising commodity prices and tight energy supply are intertwined, which exacerbates the uncertainty of the process of economic recovery. The total economic output exceeded 110 trillion yuan, an increase of 8.1%. China's economic report card in 2021 has brought bursts of warmth to the world economy. China's total economy accounts for about 18% of the global economy and contributes about 25% to world economic growth. The dynamic geometry of the world economic engine determines the confidence of the international community. In 2021, China's policies will be stable and its economic growth will be full of momentum, which has become a source of confidence to promote the sustainable recovery of the world economy. From ensuring supply to stabilizing demand, China has lived up to world expectations. In 2021, the total import and export value of China's goods trade was 39.1 trillion yuan, an increase of 21.4% over 2020. As a global supply chain hub and a major global market, China is becoming more and more attractive. In 2021, China will take multiple measures and make more efforts to continuously improve the toughness of the supply chain and industrial chain, so as to make positive contributions to ensuring the stability of the global industrial chain and promoting the recovery of the world economy. By the end of 2021, China has provided the international community with about 372 billion masks, more than 4.2 billion sets of protective clothing and 8.4 billion sets of testing kits, and more than 2 billion doses of neocoronavirus vaccine for more than 120 countries and international organizations. In 2021, the contribution rate of China's final consumption expenditure to economic growth reached 65.4%, and the resilience of the consumer market further appeared. Recently, in order to promote the stable recovery of consumption, a number of consumption promotion policies have been gradually implemented from the central to local governments. The Chinese market is creating more demand for the world and bringing together more and more high-quality goods and services. "China's opening up" creates shared opportunities In November 2021, ExxonMobil Huizhou ethylene project entered the full-scale construction stage, which is the first major petrochemical project wholly owned by American enterprises in China. "The company will strive to meet the growing demand for high-performance polymers in the Chinese market." Mo Jialin, global vice president of ExxonMobil, said. In 2021, China's actual use of foreign capital exceeded 1.1 trillion yuan, a year-on-year increase of 14.9%, a record high. With the international community full of pessimistic expectations for the world economy, China is still a hot spot for investment favored by global capital, highlighting the role of "safe haven" and "stabilizer". China follows the historical trend of opening-up and cooperation and seeks mutual benefit and win-win results, so that the international community can clearly see that China's opportunity is the opportunity of the world. In 2021, China launched a series of policies and measures to expand opening-up, embrace foreign investment and create conditions for global enterprises and capital to share China's development opportunities. The negative list of foreign investment access continued to shrink. Compared with the 2020 version, the negative list of foreign investment access in the 2021 version is further shortened. The negative lists of the country and the pilot free trade zone were further reduced to 31 and 27, with the reduction rates of 6.1% and 10% respectively. The opening level of the pilot free trade zone has reached a new level. Several measures on promoting the reform and innovation of trade and investment facilitation in the pilot free trade zone were issued, giving the pilot Free Trade Zone greater reform autonomy in trade and investment facilitation. Create more open highlands. The construction of Hainan free trade port has made a smooth start and supported the high-level opening-up of Pudong New Area. The construction of an opening-up platform has yielded fruitful results. The Canton Fair, Consumer Fair, clothing trade fair and China International Fair were successfully held. Enterprises from all countries took the express train of China's economic development and shared opportunities in the Chinese market "China Initiative" responds to "the question of the times" Standing at a new historical starting point, China is determined to be a builder of world peace, a contributor to global development and a defender of the international order, uphold and practice true multilateralism, continue to deepen international economic and trade cooperation, and issue a series of "China proposals" for a better future to the world, so as to create a good international environment for promoting the sustainable recovery of the world economy. —— It took the lead in ratifying the regional comprehensive economic partnership agreement, promoted the setting sail of the free trade zone with the largest population, the largest economic and trade scale and the most development potential in the world, and injected strong impetus into the regional economic integration, the world economy with difficult recovery and the globalization of the economy at a low tide. —— Officially submit the application for joining the comprehensive and progressive trans Pacific Partnership Agreement and the digital economy partnership agreement, accelerate the construction of a global high-standard free trade area network, take new steps in opening up and cooperation, and bring new benefits to the global recovery. The road of China's economic development is the process of continuously integrating into the world economic cycle and promoting common development with its own development. Looking ahead, China will make greater contributions to building an open world economy and a better future for human society in the post epidemic era.