Vice Chairman of the British Chamber of Commerce in China, Chris Torrens, recently stated in an interview with reporters in Beijing that recent releases of multiple Chinese economic data show that since the beginning of this year, with the intensive implementation of a series of policy measures by the Chinese government playing a positive role, the momentum of China's economic recovery has become more apparent. According to data recently released by the National Bureau of Statistics of China, the Purchasing Managers' Index (PMI) of China's manufacturing industry in August was 49.7%, an increase of 0.4 percentage points from the previous month; The non manufacturing business activity index continues to be in the expansion range, while the comprehensive PMI output index has rebounded, and the overall level of economic prosperity remains stable. According to statistics from the People's Bank of China, China's RMB loans increased by 1.36 trillion yuan in August, an increase of 86.8 billion yuan year-on-year. The increase in social financing scale in that month was 3.12 trillion yuan, an increase of 631.6 billion yuan compared to the same period last year; The cumulative increase in social financing scale in the first 8 months was 25.21 trillion yuan, 842 billion yuan more than the same period last year. Tao Kerui told reporters that various positive data reflect the resurgence of China's economy, highlighting that the efforts of the Chinese government to promote economic growth are undoubtedly positive. In a recent interview with Bloomberg, Tao Kerui stated that there is no "systemic crisis" in the Chinese economy as some people call it, "on the contrary, the Chinese economy is developing in the right direction. Tao Kerui has been living and working in China for a long time, often visiting cities such as Beijing, Shanghai, Shenzhen, and Guangzhou. He stated that the Chinese economy is continuing to recover, especially with steady growth in consumer spending and a consolidation of market confidence. Currently, some countries are promoting protectionism and unilateralism in global trade. Tao Kerui stated that countries, including the United States and the United Kingdom, have benefited from the process of economic globalization, and attempts to reverse or counter globalization cannot successfully impact the world economy. Tao Kerui firmly believes that the potential of the Chinese market is enormous, the advantages of the supply chain are significant, and the pace of promoting high-level opening-up is firm. It is an indispensable component of economic globalization, and "decoupling from China" is not feasible. As a chamber of commerce mainly composed of large multinational enterprises in the UK, the China UK Chamber of Commerce has long been committed to promoting the economic and trade development of China and the UK. Tao Kerui specifically mentioned that the State Council of China recently issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment", proposing 24 policy measures that are "particularly popular" among member enterprises of the Chamber of Commerce, further strengthening the confidence of foreign investors in the Chinese market. These measures are tangible and what our member enterprises truly need. "The 2023 China International Service Trade Fair concluded in Beijing on the 6th. As the guest of honor of this year's Trade Fair, the UK has formed the largest exhibition group since the exhibition, focusing on showcasing brand products in fields such as creativity, sports, education, technology, etc. It is a great honor for the UK to participate as a guest of honor in the 2023 Services Trade Fair, "Tao Kerui said." The UK has a significant advantage in the service industry, and the Services Trade Fair is crucial for the UK to promote economic and trade relations with China. Tao Kerui first came to China in 1984 and studied at Fudan University in Shanghai, witnessing