"The world's fastest recovering country"
"China is the fastest recovering country in the world, and the July economic data released by China is a strong proof。Bloomberg's report pointed out that China has effectively contained the novel coronavirus outbreak, smoothly weathered the collapse in global demand, and successfully maintained market activity。In July, China's industrial production rose 4. 4 percent from a year earlier.8 per cent, unchanged from June。China's exports surged 10 percent in July as factories and sales industries reopened.4%。
Reuters noted that China's official manufacturing PMI, a leading macroeconomic indicator, rose to 51 in July.1, a four-month high。The report pointed out that the general recovery of production and the gradual recovery of demand, led China's official manufacturing PMI in July to exceed expectations to a four-month high, further consolidating the moderate economic recovery trend。At the same time, the stability of demand growth needs to be further strengthened, and expanding domestic demand will be the strategic basis in the future。
China's producer price index (PPI) fell 2. 2% year-on-year in July, according to the National Bureau of Statistics.4 per cent, down 0 per cent from the previous month.6 percentage points;Month-on-month increase of 0.4%。Relevant data triggered the attention of the British "Times" website。The report pointed out that the year-on-year decline in China's PPI in July narrowed, indicating that consumer demand for Chinese goods is recovering as the economy restarts and economic activity in China is approaching pre-coronavirus pandemic levels。
In July, with the recovery of industrial production and market demand, coupled with the impact of the continued rebound of international crude oil prices, China's oil and gas mining industry prices rose by 12%, coal mining and automobile manufacturing prices have changed from falling to rising。In this regard, Julian Evans-Pritchard, senior China economist at Capital Economics International, said that in the coming months, the further strengthening of fiscal stimulus will continue to support infrastructure spending, boosting economic activity and industrial producer prices further recovery。
"China is waking up to the summer sun。On August 17, the Spanish "Le Monde" published a report on this topic, saying that China is the first large economy with significant economic recovery during the new coronavirus pandemic。
'Measures to boost economy continue to gain strength'
What is the secret of the Chinese economy's ability to overcome the crisis quickly and effectively？A recent Russian media report raised this question。For some time, foreign media and scholars have written articles to explain how, in the context of the impact of the epidemic and shrinking external demand, China has introduced a number of macro-control policies and support policies to inject "strong momentum" into economic recovery.。
"The recovery of major indicators will lay a good foundation for China's economic development in the second half of the year and even in the longer term.。Matsushita China Northeast Asia President Tetsuro Honma believes that China's rapid and effective control of the epidemic, expansion of consumption, promotion of employment, development of new infrastructure and other measures to revitalize the economy continue to work, is the key to economic recovery。
In the view of the Russian "Free media" website, the Chinese economy has achieved such results by no means accidental, which is the result of combining effective measures with systematic advantages。Thanks to the controllability of the Chinese economy and the right measures taken by the government to stem the crisis and stimulate growth, China was able to cope with the risks and achieve the goals set。
Bloomberg pointed out that China proposed a new development pattern in which the domestic cycle is the main body and the domestic and international cycles promote each other, while combining foreign technology and capital to assist, which is consistent with the investment-led economic policy strategy。2020年3.The issuance of 75 trillion yuan worth of local government special bonds is being stepped up to support strengthening weak links, improving people's lives, boosting consumption and expanding domestic demand。The report cited Hu Dongan, a senior economist at Oxford Economics, as pointing out that China's fiscal policy support is mainly focused on employment and small and medium-sized enterprises, while investment is playing a bigger role。This explains why the Chinese economy was able to pick up the pace of recovery at a relatively early stage, while finding its footing。
Zamir Ahmad Awan, a professor at Pakistan's National University of Science and Technology, believes that China has a huge domestic market, and its 1.4 billion population is one of its great advantages, and the purchasing power of Chinese people has recovered strongly。China is rich in raw materials and has a large pool of skilled workers, which is the real strength of Chinese industry。
"Long-term confidence in the Chinese market"
At present, China's main economic indicators have resumed growth, and the market is expected to be generally good, and many foreign enterprises have taken "reassurance".。According to data released recently by China's Ministry of Commerce, from January to July this year, China actually used 5,356 foreign investment.500 million yuan, an increase of 0.5% (excluding banking, securities, insurance), up from January to June.8 percentage points, the growth rate of foreign investment has changed from "negative" to "positive"。From January to July, 18,838 new foreign enterprises were established in China。
According to the 2020 annual member survey released by the US-China Business Council, nearly 70% of the US companies surveyed are optimistic about the business prospects of the Chinese market in the next five years。Based on "long-term confidence" in the Chinese market, 87 percent of U.S. companies surveyed said they do not plan to move production out of China。Chinese consumption and economic recovery have helped some US companies offset their losses from a severe decline in domestic sales, and the Chinese market has become a "refuge" for US companies.
Many foreign media believe that as China's economic recovery accelerates, the interaction between China and the world will be further strengthened。China will make positive contributions to the stability of the global industrial chain and supply chain, and help the world economy out of the shadow of the epidemic as soon as possible。
"In all respects, China will remain an important driver of world economic growth。The Russian Free media network published a commentary by Mikhail Morozov, an observer of the Russian Labor Daily, pointing out that China has improved the efficiency of commodity customs clearance, actively expanded imports, and also supported the construction of pilot free trade zones, free trade ports and free trade zones, demonstrating China's determination to expand opening-up。
According to the Italian "24 Hours Sun" website reported that the Italian Foreign Trade Commission recently released the annual foreign trade status report shows that the recovery of world trade in 2021 will be mainly led by Asian emerging markets, and China is second to no. 1。
The United States international affairs expert, "Global Strategic Information" magazine Washington bureau chief William Jones said a few days ago，Creativity is the main driving force of the current world economy，China attaches great importance to high-quality development，In essence, it focuses on the source of future wealth creation，Not only will they benefit，And it will surely benefit the rest of the world。
Source: People's Daily Overseas Edition