A journalist takes photos at the opening plenary of the 2024 Summer Davos in Dalian, northeast China's Liaoning Province, June 25, 2024. (Xinhua/Lu Yang)
The 2024 Summer Davos has brought to the fore the importance of understanding China's economic realities beyond the anti-China rhetoric from Washington.
BEIJING, June 27 (Xinhua) -- As an important window for the rest of the world to understand China, the 2024 Summer Davos once again brings the vitality and resilience of Chinese economy into the spotlight.
As the world grapples with economic uncertainties and geopolitical shifts, the gathering not only brings cooperation opportunities but also offers insights into China's future economic trajectory.
China's robust economic performance has been a key topic for discussion, not least in light of the "China collapse" narrative emanating from Washington.
This bad-mouthing notwithstanding, China has been demonstrating strong economic growth, effective policy measures, and resilience in the face of global economic challenges.
China's ability to maintain steady economic growth against headwinds has been noteworthy. Data from the National Bureau of Statistics showed that China's GDP grew 5.3 percent year on year in the first quarter of 2024.
China's proactive fiscal policies, coupled with prudent monetary measures, have helped stabilize the economy and stimulate investment. The resilience of the Chinese economy is further evidenced in its robust export performance and the rapid recovery of key industries post-pandemic.
Thanks to China's commitment to a high-quality opening-up policy and the deepening of its reforms, a more balanced and sustainable economic structure is taking shape.
This structure, focusing on boosting domestic consumption, advancing technological prowess, and enhancing industrial capabilities, is set to steer the Chinese economy out of global economic turbulence.
Delegates attend the parallel session "The Opportunity of Managing Energy Demand" during the 2024 Summer Davos at the Dalian International Conference Center in Dalian, northeast China's Liaoning Province, June 25, 2024. (Xinhua/Lu Yang)
This year's forum has also brought together global leaders, industry experts, and influential thinkers to discuss pressing economic challenges and explore innovative solutions. The emphasis on green development and technological innovation highlights China's commitment to sustainable growth and its leadership in the global transition towards a low-carbon economy.
China is now home to more than 400,000 high-tech enterprises and over 100,000 specialized and sophisticated small and medium-sized enterprises, which produce new and unique products.
At this year's forum, many participants express their strong interest in cooperation with China's hi-tech sector, demonstrating global recognition of China's innovation capabilities.
They also have high expectations for China's role in contributing to a more just global economic and technological order. Tanvi Ratna, founder and CEO of the Indian research organization Policy 4.0, told Xinhua that as China becomes more active in artificial intelligence (AI) governance, it will help make AI more equitable.
This year's Summer Davos meeting comes at a critical juncture as the world is still grappling with the growth predicament and the persistent threat of protectionism.
As global economic challenges persist, it only fractures economic interdependencies between regions and aggravates tensions and conflict to pursue narrow self-interests at the expense of others, or resort to regressive measures like decoupling, disrupt supply chains, and erect isolationist barriers.
Such moves risk plunging the world into a destructive cycle where heightened competition for a larger share leads to a diminishing economic pie for all.
Over the past years, China's role in global economic governance has become increasingly prominent. As the world's second-largest economy, China's commitment to win-win cooperation is facilitating sustainable economic growth worldwide.
With development initiatives like the Belt and Road Initiative and multilateral platforms such as the Summer Davos, China is firmly committed to strengthening international economic cooperation, building infrastructure, and promoting technological advancement on a global scale.
The 2024 Summer Davos has brought to the fore the importance of understanding China's economic realities beyond the anti-China rhetoric from Washington. As China continues to develop, it will bring vast opportunities for cooperation, investment and common growth to the rest of the world
中新经纬1月12日电 深圳市人力资源和社会保障局官方微信11日回应“深圳一公司男高管违法开除男员工”称，涉事公司经综合考虑该管理人员处理纠纷时存在不当言论及其他因素，于2023年2月对其进行降职处理，并于2023年3月 中新经纬1月11日电 据微信号“中国铁路”11日消息，自1月11日零时起，铁路12306网站(含手机客户端，下同)优化升级候补购票功能，增加候补订单和备选方案数量，扩大候补订单兑现时间选择范围，临时新增旅客列车席位优先配售给 傅园慧包车遭遇临时加价 涉事司机被罚款3万元 中新网2月17日电 17日，游泳世界冠军傅园慧通过社交平台发布求助帖称，她在吉林长白山包车出行时遭遇勒索，询问网友是否需要报警。 之后傅园慧更新社交媒体表示，问题 中国考古，在许多外国人甚至中国人看来，一度非常神秘。近日记者在与中国考古学家的交流中了解到，从考古技术发展、到公众考古创新，再到中外考古交流，中国正不断构建具有中国特色、中国风格、中国气派的考古 我跨境电商占韩海外直购市场近半份额 作者 杨明 凭借“高性价比”和“低物流费”等优势，中国跨境电商企业已占据韩国海外直购市场的近一半份额，本地化服务的提升也是中国企业在韩国快速扩张的重要原因。过去 春节档还是挣钱的好档期吗？ 中新网北京2月23日电(记者 张曦)2024春节档已进入尾声。 如果要用一个词来形容今年的表现，无疑是“魔幻”。 一边是80.16亿创纪录的票房成绩(2024年2月10日至17日)，一边是四部电 。本文链接：Xinhua Commentary: Summer Davos showcases vitality, resilience of Chinese economyhttp://www.sushuapos.com/show-5-19986-0.html
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