The prospects of recovery in the global economy due to the global epidemic remain uncertain as new virus variants have further complicated the epidemic situation while the number of deaths, including newly confirmed patients, is also worrying. Due to this, the economic and social sectors in different countries of the world are still under pressure.
On the other hand, according to the latest data released by China, in the first half of this year, China's GDP has increased by 12.7% over the previous year and the average growth rate in the last two years has been 5.3%. That is, China's economy has been stable and improved in the first half. China's total GDP, meanwhile, stood at 53.2 trillion yuan. Yes, the "double digit" of GDP is a powerful reflection of China's economic resilience. As one of the first countries to control the epidemic, China has revived the country's socio-economic sector by stabilizing the global "supply chain" by providing the world with a wide range of medical supplies and vaccines. Every effort has been made to promote international trade and industry.According to statistics, since the beginning of this global public health crisis, China has provided anti-epidemic equipment to more than 200 countries and regions.
From March 2020 to December, China exported a total of 390 billion US dollars worth of products such as laptops and mobile phones, which people have taken full advantage of during the epidemic in their homes.Whether in the form of "work at home" or online education, Chinese products have connected the world. The IMF also praised China's economic indicators, saying that China is not just a global economy. A key partner in growth, China's development is proving to be very helpful in reviving the economy in the Asian region as well. Comprehensive industrial chain, strong infrastructure, modern manufacturing clusters and so on are among the driving forces behind China's high economic growth. There is also a new development philosophy. Highlights of the new development model include innovation, connectivity, eco-friendliness, openness and collaboration. In pursuit of quality economic development, China is creating a more attractive business environment by promoting easy trade and free trade and investment, so as to build a multilateral multilateral free world economy together with the rest of the world. Achieve the same economic benefits for all countries of the world. From joining free trade agreements to establishing free trade zones and ports, China is steadily moving towards an open and integrated world. Although the epidemic has rapidly complicated the international situation and economic globalization has been fiercely opposed by protectionist elements, China continues to advance. China is still the most attractive destination for foreign investors with 21 pilot-free trade zones. Has become Through the Belt and Road Initiative (BRI), China is sharing its experience in a number of areas, including trade and investment, infrastructure development and personnel exchanges, which are critical to the economic innovation of BRI countries.
Given China's recent economic indicators, it is hoped that the country's economy will continue to recover steadily in the second half, as overall consumption, investment and foreign trade continue to improve. It can help stabilize and strengthen the economy. The enthusiasm of global investors to invest in the Chinese market is also growing. It also gives the outside world an opportunity to see the Chinese economy's strong resilience and rapid growth potential.
In its quest to move forward, China is expanding its doors to the outside world, pursuing high-quality development and actively pursuing international cooperation and global development, which has made the global economy more prosperous. Will get more opportunities and benefits.
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