COMMENTARY: CHINA'S ENERGY IN BREAKING ICE AND MELTING SNOW TO HELP THE WORLD ECONOMY RECOVER
CHINA WILL BE THE ONLY MAJOR ECONOMY IN THE WORLD TO ACHIEVE POSITIVE GROWTH THIS YEAR. THE ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT PREDICTS THAT CHINA'S CONTRIBUTION TO GLOBAL ECONOMIC GROWTH WILL EXCEED ONE-THIRD IN 2021. INTERNATIONAL OBSERVERS BELIEVE THAT THE STEADY RECOVERY MOMENTUM OF CHINA'S ECONOMIC ACTIVITY IS CONSTANTLY CONSOLIDATING, AND IT IS EXPECTED TO ACHIEVE HIGHER QUALITY GROWTH IN THE FUTURE, ADDING CONFIDENCE AND MOMENTUM TO THE WORLD ECONOMY'S RECOVERY FROM THE TROUGH.UNDER THE EPIDEMIC, THE MAGNETIC FORCE OF CHINA'S SUPER LARGE MARKET IS FULLY DISPLAYED. ABOUT 40% OF VOLKSWAGEN GROUP'S CARS ARE SOLD IN THE CHINESE MARKET; ACCORDING TO A SURVEY BY HSBC, CHINA HAS BECOME THE OVERSEAS MARKET FOR ASIA PACIFIC COMPANIES. CHINA HAS CLOSER TIES WITH ITS TRADING PARTNERS: IN THE SECOND QUARTER OF THIS YEAR, 1 POUND OUT OF EVERY 7 POUNDS OF GOODS IMPORTED BY THE UK CAME FROM CHINA. CHINA HAS RISEN TO BECOME THE LARGEST COMMODITY TRADING PARTNER OF THE EUROPEAN UNION AND ACHIEVED A HISTORIC BREAKTHROUGH IN BECOMING THE LARGEST TRADING PARTNER WITH ASEAN.UNDER THE EPIDEMIC, THERE HAS BEEN A SIGNIFICANT INCREASE IN GLOBAL DEMAND FOR CHINESE PRODUCTS. THE NUMBER OF CHINA EU TRAINS, KNOWN AS THE "NEW EMISSARY" OF THE "THE BELT AND ROAD", HAS SET A NEW RECORD THIS YEAR, BECOMING THE "HARD CORE RESPONSIBILITY" FOR UNBLOCKING INTERNATIONAL LOGISTICS.UNDER THE EPIDEMIC, CHINA HAS CONTRIBUTED VALUABLE INVESTMENT OPPORTUNITIES. THE FINANCIAL TIMES REPORTED THAT CHINA'S BOND MARKET IS PARTICULARLY ATTRACTIVE TO GLOBAL INVESTORS THANKS TO EXCELLENT EPIDEMIC PREVENTION AND CONTROL AND PERSISTENT OPENING MEASURES IN THE FINANCIAL SECTOR.THE WISE CHANGE WITH THE TIMES, WHILE THE KNOWLEDGEABLE ADAPT TO THE SITUATION. CHINA HAS PROPOSED TO VIGOROUSLY DEVELOP THE DIGITAL ECONOMY AND INCREASE INVESTMENT IN NEW INFRASTRUCTURE. THE DIGITAL ECONOMY, WHICH HAS SHOWN GREAT POTENTIAL UNDER THE EPIDEMIC, IS EXPECTED TO CONTINUE TO EMPOWER TRADITIONAL INDUSTRIES, BRING ABOUT MORE CHANGES IN NEW ECONOMIC FORMS, PROMOTE CONSUMPTION AND PRODUCTION TRANSFORMATION AND UPGRADING, SMOOTH THE DOMESTIC ECONOMIC CYCLE, AND ENHANCE INTERNATIONAL COMPETITIVENESS IN THE FUTURE. CHINA WILL BECOME A GRAVITATIONAL FIELD FOR GLOBAL INNOVATION FACTORS, FURTHER UNLEASHING ITS GROWTH POTENTIAL.DESPITE THE PANDEMIC, CHINA'S PACE OF OPENING UP TO THE OUTSIDE WORLD HAS REMAINED FIRM, CONSTANTLY INTRODUCING NEW MEASURES AND DEMONSTRATING NEW ACHIEVEMENTS. A SERIES OF POLICY MEASURES TO EXPAND OPENING UP TO THE OUTSIDE WORLD HAVE LAID THE FOUNDATION FOR ACCELERATING THE CONSTRUCTION OF A NEW DEVELOPMENT PATTERN AND RESHAPING NEW COMPETITIVE ADVANTAGES, PROVIDING IMPORTANT OPPORTUNITIES FOR COUNTRIES AROUND THE WORLD TO SHARE THE DIVIDENDS OF CHINA'S ECONOMIC DEVELOPMENT.OPEN EVENTS HAVE BECOME IMPORTANT PLATFORMS. THE CHINA INTERNATIONAL FAIR FOR TRADE IN SERVICES (CIFTIS) WAS HELD IN BEIJING, AND TWO SESSIONS OF THE CANTON FAIR WERE SUCCESSFULLY BROUGHT TO THE CLOUD. THE THIRD CHINA INTERNATIONAL IMPORT EXPO (CIIE) ARRIVED AS SCHEDULED... IN THIS SPECIAL YEAR, CHINA'S SINCERE DESIRE TO SHARE MARKET OPPORTUNITIES AND PROMOTE WORLD ECONOMIC RECOVERY HAS BEEN WARMLY RESPONDED TO. NEW AND OLD FRIENDS ACTIVELY INTEGRATE INTO THE BIG STAGE OF BUILDING A NEW DEVELOPMENT PATTERN IN CHINA, AND WRITE WONDERFUL GLOBAL STORIES.OPEN MEASURES RELEASE MORE BENEFITS. THE NEGATIVE LIST FOR FOREIGN INVESTMENT ACCESS IN CHINA HAS BEEN REDUCED FROM 40 TO 33, THE NUMBER OF FREE TRADE PILOT ZONES HAS INCREASED FROM 18 TO 21, THE OVERALL PLAN FOR THE CONSTRUCTION OF HAINAN FREE TRADE PORT HAS BEEN ANNOUNCED, AND THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT HAS BEEN SIGNED... CHINA HAS SHOWN THROUGH PRACTICAL ACTIONS THAT THE DOOR TO OPENING UP TO THE OUTSIDE WORLD WILL NOT BE CLOSED, BUT WILL ONLY BECOME WIDER AND WIDER.THE COVID-19 EPIDEMIC HIGHLIGHTS THE SHORTCOMINGS AND DEFICIENCIES OF THE GLOBAL GOVERNANCE SYSTEM, AND ALSO HIGHLIGHTS THE PROFOUND SIGNIFICANCE OF THE CONCEPT OF A COMMUNITY WITH A SHARED FUTURE FOR MANKIND. FOCUSING ON THE CURRENT SITUATION, REPAIRING THE ACUTE DAMAGE CAUSED BY THE EPIDEMIC AND CONSOLIDATING THE MOMENTUM OF ECONOMIC RECOVERY REQUIRE GLOBAL COOPERATION; FOCUSING ON THE LONG TERM AND BUILDING A BETTER POST PANDEMIC GLOBAL ECONOMY ALSO REQUIRES SINCERE COOPERATION AMONG COUNTRIES.CHINA, IN RESPONSE TO THE NEEDS OF THE TIMES, BRAVELY ACTS AS AN "DOER" IN PROMOTING GLOBAL MULTILATERAL COOPERATION, AND UNITES EFFORTS TO BUILD A MORE RESILIENT, SUSTAINABLE, AND INCLUSIVE WORLD ECONOMY.CHINA IS FIRMLY COMMITTED TO PROMOTING SUSTAINABLE DEVELOPMENT. AMONG THE FOUR MAJOR DEFICITS FACING GLOBAL GOVERNANCE, THE DEVELOPMENT DEFICIT IS AN IMPORTANT ONE. CHINA IS COMMITTED TO ACHIEVING POVERTY REDUCTION THROUGH DEVELOPMENT. AFTER 8 YEARS OF CONTINUOUS EFFORTS, ALL RURAL POOR PEOPLE UNDER THE CURRENT STANDARDS IN CHINA HAVE BEEN LIFTED OUT OF POVERTY THIS YEAR, ALL POVERTY-STRICKEN COUNTIES HAVE BEEN LIFTED OUT OF POVERTY, AND NEARLY 100 MILLION RURAL POOR PEOPLE HAVE BEEN LIFTED OUT OF POVERTY, MAKING SIGNIFICANT CONTRIBUTIONS TO THE GLOBAL POVERTY REDUCTION CAUSE.FROM AFAR, ONE CAN PERCEIVE THAT THE WIND AND WAVES ARE SMALL, BUT FROM ABOVE, ONE CAN FEEL THAT THE SEA WAVES ARE FLAT. FROM CHINA'S PERSPECTIVE ON THE WORLD, THE CENTURY OLD PANDEMIC AND THE CENTURY OLD CHANGES ARE INTERTWINED, AND IT IS NECESSARY TO ACTIVELY SEEK CHANGE; LOOKING AT CHINA FROM A GLOBAL PERSPECTIVE, THE NEW ATMOSPHERE UNDER THE NEW DEVELOPMENT PATTERN IS WORTH LOOKING FORWARD TO. CHINA WILL JOIN HANDS WITH THE WORLD TO ACCUMULATE THE POWER TO BREAK ICE AND MELT SNOW, AND OPEN UP A NEW WORLD OF MUTUALLY BENEFICIAL AND WIN-WIN DEVELOPMENT.