"Choosing China" - The World Reads Confidence and Opportunities from China's Two Sessions

2024-03-11

The two sessions in March coincide with the awakening of insects in the twenty-four solar terms. This is a season of revival and vitality for all things, a time for China to gather people's wisdom and public opinion, and draw a blueprint for the future. It is also an important time for the world to listen to China's "voice of spring". "The series of new goals and measures proposed by China, including a growth of about 5% in gross domestic product, the development of new quality productive forces according to local conditions, the deepening of reform and opening up with greater determination and intensity, and the expansion of high-level opening up to the outside world, are being demonstrated by the two sessions to the international community, showcasing the vitality of China's development, the courage of reform, and the charm of opening up, as well as positive signals of long-term economic growth.", We look forward to China's high-quality development bringing more opportunities to the world. In recent days, the keywords of China's two sessions have sparked heated discussions in overseas media, with the release of positive signals for accelerating economic transformation and upgrading, and moving towards high-quality development. The world has seen new vitality in China's development. "This year's two sessions have once again shown the world the resilience of the Chinese economy," said Arsene Thiam, associate researcher at the European Outlook and Security Research Institute. Chinese products have gone from "winning at price" in the past to now "having both quality and price". "They have advantages in research and development in fields such as smartphones and electric vehicles, and Chinese products are increasingly favored by more and more countries.". "This country (China) used to manufacture toys and clothes, later electronic products and batteries, and now produces cars and airplanes." "Electric cars from China have entered the global market with high cost-effectiveness." The New York Times summarized the changes in China. The world has read out new drivers of economic growth. "At this year's two sessions, China placed the cultivation of new productive forces in an important position." Nasim Mahmud, Executive Director of Bangladesh East Asia Center (Foundation), said, "In the medium to long term, China's industrial upgrading, high-tech development, and green initiatives will promote healthy economic development." Malaysian MP and Chairman of the Regional Strategy Research Institute, Li Jiancong, has visited multiple high-tech enterprises in China. In his view, China's strong atmosphere of technological innovation and rapid development of science and technology innovation enterprises not only facilitate people's lives, but also promote significant industrial upgrading and upgrading, which is an important driving force for China's high-quality development. The world has discovered new space for cooperation with China. A set of numbers outlines the close connection between China and the world: in 2023, China's production and sales of new energy vehicles accounted for over 60% of the world's total, technology contract transactions increased by 28.6%, and the export of "new three types" of electric vehicles, lithium batteries, and photovoltaic products increased by nearly 30%... This year's two sessions saw that China's efforts in new industries and fields have expanded the space for mutual cooperation. "I have seen content about the development of hydrogen energy and hope to engage in more bilateral cooperation in this field," Turkmenistan's Ambassador to China, Durdeyev, said in a media interview. Brendan Ahern, Chief Investment Officer of Jinrui Fund in the United States, believes that in the future, the relationship between the Chinese government and foreign investors will become closer, and both sides can work together to create a more sustainable future. China

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:xinhua

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