Foreign media: China’s performance during the epidemic shows how much we need China



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Foreign media: China’s performance during the epidemic shows how much we need China

Central Station of International Radio and Television Online Author: Huang Rong 2020-12-26

Some foreign media noted that the accelerated recovery of China’s economy provides important support for the global economic rebound.

International online special article: On December 15, the China National Bureau of Statistics published the national economic performance in November this year. From November data, total retail sales of social consumer goods, the added value of the domestic industry The growth rate of rural households increased more than last month. Some foreign media noted that the accelerated recovery of China’s economy provides important support for the global economic rebound.

Screenshot of the report of the Mexican newspaper Financier

The Mexican “Financiero” published a report entitled “China’s performance during the epidemic shows how much we need China” on December 15 and pointed out that the global economy needs the support of the Chinese economy more than ever. The rebound will depend on China’s continued strong recovery.

The report noted that currently, with the exception of China, other major world economies are showing signs of recession, thus the Chinese economy has played an indispensable role in the recovery of the world economy.

According to the report, China’s economy is expected to become the only one to have achieved positive growth among the world’s major economies. After listing some important data recently released by China’s National Bureau of Statistics, the report commented that “these data are encouraging.”

Screenshot of UK Reuters report

British Reuters reported on December 15 that China’s economy began to recover from the new corona epidemic earlier this year and achieved a remarkable recovery, the main reason being the strong performance of exports. In addition, during Double Eleven, Chinese e-commerce companies “opened” consumer wallets, further stimulating factory orders.

According to the report, in November, China’s domestic industrial value added above the designated size increased 7.0% year-on-year, and the growth rate was 0.1 percentage point higher than that of October. This is in line with the forecast obtained by Reuters when consulting with economic analysts.

Capital Economics analyst Julian Evans-Pritchard said in a report: “In November, the Chinese economy continued to accelerate growth in all areas. The effects of the stimulus measures have diminished and exports have declined, and the Chinese economy it will continue to maintain a positive trend in the coming quarters.

The report finally quotes Fu Linghui, a spokesman for the China National Bureau of Statistics, who noted that due to the low base this year, in terms of speed, China’s economic growth could be faster next year. (Huang Rong)

Publisher: Mu Qing

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