China’s Foreign Ministry said on Wednesday that overall trend of China’s steady growth in the long run has not changed.Hyderabad Stocks
It’s reported that recently the Chinese government has rolled out a package of incremental policies to encourage and expand domestic demand and boost investment and consumption. These policies have drawn widespread attention from the international community. Singapore’s Senior Minister Lee Hsien Loong noted that the measures issued by the Chinese government are conducive to lifting confidence and demandVaranasi Investment. Michael Schumann, Chairman of the Board of the German Federal Association for Economic Development and Foreign Trade said that the batch of incremental policies plays a crucial role in boosting market confidence, and the sustained growth of China’s economy is very important to global market.
“Since the beginning of this year, China’s economy has been on a generally steady, sound and upward trajectory, showing both dynamism and resilience. In the first three quarters of this year, China’s trade volume with over 160 countries and regions increased, total import and export hit a record high, and China was leading major economies in the world in terms of GDP growth. These speak volume about the booming Chinese economy, and prove once again that the overall trend of China’s steady growth in the long run has not changed.” Lin Jian, a spokesperson for the ministry, said.Agra Stock
Lin Jian, Chinese Foreign Ministry Spokesperson/MFA PRC
Lin pointed out that the package of incremental policies rolled out by multiple Chinese authorities recently further unlocks growth potential, spurs consumption and investment, and boosts the world’s confidence in China’s development. International financial institutions, including Goldman Sachs, J.PAgra Investment. Morgan, the Swiss National Bank, have raised their forecast for China’s economic growth this year. In a recent survey of over 100 Swiss businesses, the decision-makers of these firms largely maintain a high level of confidence in successfully doing business in China, and around 50% of respondents consider China to be among their top 3 global investment priorities.Jaipur Stock
Lin noted that the positive momentum of China’s steady growth provides stability for global economic recovery. As China promotes high-quality development and high-standard opening-up, its interactions with the world become more robust. As the package of polices take effect in a coordinated way, China’s economic dynamism will continue to be unleashed.
“We will continue to meet the international community’s optimism and businesses’ investment enthusiasm in China with concrete actions, and provide fresh impetus and opportunities for global economic growth.” Lin added. (By Ma Ziqian/China Youth Daily)
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