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Source title: Ministry of Foreign Affairs: China’s economic recovery is commendable and has played a positive role in the recovery of the world economy
Today (20) afternoon, at a regular press conference held by the Ministry of Foreign Affairs, a reporter asked: Data released by China’s National Bureau of Statistics on October 19 showed that China’s economy grew by 0 , 7% year-on-year in the first three quarters, which aroused widespread concern in all areas of life. What does China’s economic rebound mean for the global economic recovery?
Foreign Ministry spokesman Zhao Lijian said that of course this is good news! The steady recovery of the Chinese economy is undoubtedly good news for world economic development. According to data published yesterday by the National Statistics Office, China’s economic growth in the first three quarters went from negative to positive, especially in the third quarter, with a year-on-year increase of 4.9%, which was 1.7 % faster than the second quarter. In the first three quarters of this year, China’s real use of foreign capital increased 5.2% year-on-year and the total value of goods trade imports and exports increased 0.7% year-on-year. The total accumulated value of imports and exports achieved positive year-on-year growth for the first time this year. At the same time, we continue to strengthen the construction of pilot free trade zones and China has increased to 21 pilot free trade zones. According to the “Global Business Environment Report 2020” previously released by the World Bank, China’s global business environment ranking rose to 31st. The International Monetary Fund recently predicted that China will be the only major economy able to sustain positive growth. this year, also reflecting the outside world’s strong confidence in China’s economic growth.
In the context of the global spread of the new corona pneumonia epidemic and the global economic recession, China’s economic development is even more commendable and has played a positive role in promoting economic recovery. China will continue to comprehensively improve the level of openness to the outside world and promote the formation of a new pattern of development with national and international cycles as the pillar and the mutual promotion of national and international cycles, providing countries with a broad market and development opportunities, and giving more impetus to the recovery and growth of the world economy. (CCTV reporter Shen Yang Yang Yi Kong Luyuan)
