2020年9月20日星期日

China's real economic growth this year exceeds international estimates

 The International Monetary Fund forecasts a positive growth of 1 percent of China's economy in 2020, the only country in the world's major economies that are growing. China's economy is forecast to grow by 1.6% by 2020, and the latest figure OECD( the Organisation for Economic Cooperation and Development) is 1.8. "But I think China's real growth in 2020 will exceed these international organizations' expectations ."

On September 19, a forum on "promoting entrepreneurship and promoting high-quality enterprise development" and the launching ceremony of the "Talks" program were held in Beijing. At the forum, Zhu Guangyao analyzed the current global economic situation.

"As soon as possible to form a large domestic cycle as the main body, the domestic and international two-cycle mutually promote the development of a new pattern is crucial ." Zhu Guangyao said that in order to achieve high-quality and sustainable development of China's economy and form a new pattern of development as soon as possible, there are five aspects of uncertainty to face up to.

The first is the uncertainty of the development of the global new crown pneumonia epidemic and its continued impact on the global economy. "This is the worst public health crisis in a century. At the same time, it has caused a huge impact on the world economy. We must be vigilant, and we must use our stable development, sustainable development, high-quality development to overcome this uncertainty ."

The second is the uncertainty of global industrial chain and supply chain. Among them related to the domestic people's life and health of the medical industry, key industrial adjustment, more prominent regional cooperation, digital economy, online transactions busier to adjust the industrial chain, these uncertainties should be accurately grasped, at the same time to effectively deal with.

The third is the uncertainty of financial market stability. What is directly related to financial stability is the global payment system. In order to deal with the abuse of "long-arm jurisdiction" in the United States, the European Union has introduced the monetary payment system of eurozone countries, which is a very important change. "So the instability in financial markets deserves our vigilance and attention to further changes now and even next year ."

 The fourth is the uncertainty of the development of the digital economy. The development of the digital economy has indeed brought great hope and conditions for the healthy and sustainable development of China's economy and the rejuvenation of the global economy. But it is also important to see the infrastructure of policies that need to be advanced in this area, including data security, privacy protection and cross-border data flow.

 Finally, geopolitical uncertainty. "In the face of geopolitical uncertainty, we adhere to China's policy position and principles, do not conflict, do not confront, mutual respect and win-win cooperation, is in the interests of China and the world, peaceful development will not be rewritten because of the new crown pneumonia epidemic, the trend of world economic globalization will not change ."

 Although CNMOULDING is only a small injection mold and plastic molding company, we hope all Chinese enterprises can face the challenge. We need to work together to overcome this uncertainty with the stability of economic development.



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