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
1月钢铁市场震荡延续 钢企盈利面临收缩压力 证券时报记者 黄翔 2023年下半年以来，国内钢材市场开始呈现震荡上涨的行情。进入2024年，钢价能否延续这一趋势受到关注。 据了解，去年钢铁行业经历先抑后扬的走 中新经纬2月19日电 近日，大连万达集团股份有限公司(下称万达集团)新增一则股权冻结信息，其所持近5亿股权被冻结。 国家企业信用信息公示系统网站显示，万达集团被冻结的股权数额为49999.877万元，执行法院为甘肃矿区 区域协调发展，关乎统筹一域和全局、前沿和后方、发展和安全。2014年，京津冀协同发展上升为国家战略。十年来，在习近平总书记亲自谋划、亲自部署、亲自推动下，京津冀协同发展不断迈上新台阶。2024 新华社兰州2月21日电（记者郁琼源、张晓洁）农业农村部部长唐仁健21日说，要坚持“守底线、增动力、促振兴”协同推进，聚焦增强脱贫地区和脱贫群众内生发展动力，持续加强防止返贫监测帮扶，加快建立农村低收入 自然资源部：22个省级国土空间规划已获批准实施 中新社北京2月22日电 (记者 庞无忌)中国正加速推进各级国土空间规划编制实施。 中国自然资源部22日透露，截至目前，所有省级和新疆生产建设兵团国土空间规划均已 中新经纬2月22日电 证监会辽宁监管局网站22日消息，经查，辽宁中鑫华资产评估事务所(有限合伙)从事证券服务业务，未按规定向中国证券监督管理委员会备案。 辽宁证监局认为，以上行为违反了《证券服务机构从事证券服务 。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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