The World's Eye of the Two Sessions | Steady and Pragmatic Development Boosts Global Market Confidence -- Overseas People Hotly Discuss China's Economic Growth Goals

2024-03-08

"The target setting is steady and pragmatic," "China's economy is resilient," and "numerous international enterprises benefit from China's stable economic growth." At this year's National People's Congress, the government's work report proposed an expected target of about 5% growth in gross domestic product (GDP) in 2024, which has sparked heated discussions in the international community. Many people from various countries have expressed that the Chinese economy is consolidating the foundation of steady progress with a confident and pragmatic attitude; By daring to innovate and accumulating surging development strength; With an open and cooperative mindset, we plan a mutually beneficial and win-win development vision. China needs the world, and the world also needs China. On February 18, 2024, tourists will spend and play at the 2024 Qingdao Turnip · Yuanxiao (Filled round balls made of glutinous rice-flour for Lantern Festival) Festival · Sugar Ball Fair. Li Ziheng, a journalist from Xinhua News Agency, took a photo of building a pragmatic and confident foundation for "stability". The main expected goals for China's economic development in 2023 have been successfully achieved, with prominent features of "stability", "progress", and "good". At the same time, the growth momentum of the world economy is insufficient, and the complexity, severity, and uncertainty of the external environment are increasing. The foundation for the sustained recovery and improvement of the Chinese economy is not yet stable. On the occasion of the National People's Congress and the Chinese People's Political Consultative Conference, overseas people are highly concerned about the expected economic growth targets for 2024 proposed in the government work report. The International Financial Forum report shows that in 2023, the contribution rate of China's economy to world economic growth reached 32%, making it the largest engine. The International Monetary Fund raised its global economic growth forecast for 2024 by 0.2 percentage points to 3.1% in February this year, mainly due to optimism about the growth momentum of China, multiple emerging markets, and developing economies. International public opinion believes that the setting of the expected economic growth target for 2024 is in line with the actual development of China's economy, demonstrating the objective, pragmatic, and rational confidence of China's economic governance. On December 28, 2023, citizens picked strawberries in the digital agricultural tourism fruit and vegetable greenhouse in Zhoulou Village, Shishugang Township, Feixi County. "This year's economic growth targets demonstrate the Chinese government's confidence in reversing the economic situation." According to an analysis by The Wall Street Journal, this indicates the Chinese government's optimistic attitude towards economic growth and willingness to stimulate business activities. Jos é Luce, CEO of Brazil's business leaders organization in China, believes that China has set its economic growth target again at around 5%, indicating that China has sufficient confidence in its own economic development. Overseas economic professionals generally believe that the favorable conditions for China's economic development are stronger than the unfavorable factors. From both the short and long cycles of economic development, there is strong support. Recently, China has intensively introduced a series of policy measures to stabilize economic growth in industrial economy, foreign trade and investment, and consumer investment, which has filled the international community with expectations for China's economic performance this year. Bai Ruiming, Chief Business Officer of Rio Tinto Group, a global mining giant, stated that "as the world's second-largest economy, China is a driving force for global manufacturing and trade development, as well as an important stabilizer in the global supply chain system," and will continue to be an important driving force for global economic growth. "The economic and industrial policies formulated by the Chinese government have always been steady and continuous." Ivan Kasler, president of the Turkish Chinese Cultural Association of Türkiye, said that this year's economic

Edit:Yi Jing    Responsible editor:Li Nian

Source:XinhuaNet

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