Continue to inject confidence and impetus into the recovery of the world economy (harmony)

Source: People's Daily client

In 2021, China's total import and export value was 6.05 trillion US dollars, exceeding 6 trillion US dollars for the first time; the actual use of foreign capital was 1149.36 billion yuan, and the scale of investment reached a record high... A series of economic and trade data released recently showed the world a bright "report card" of China's economic development: a new step has been taken in building a new development pattern, and new results have been achieved in high-quality development. These achievements show that the long-term fundamentals of China's economy will not change, and will continue to inject confidence and impetus into the recovery of the world economy.

Through China's foreign trade data, we can clearly see the strong resilience and vitality of China's economy. In 2021, China's foreign trade has continuously crossed the two major steps of 5 trillion yuan and 6 trillion US dollars, and the import and export with major trading partners have achieved stable growth, the trade mode has been further optimized, the import and export of private enterprises has become more active, and the export and import of mechanical and electrical products have maintained a good growth trend; the actual use of foreign capital in China's high-tech industries has increased by 17.1% year-on-year, and the actual use of foreign capital in the service industry has increased by 16.7% year-on-year. It can be said that China's foreign trade and absorption of foreign capital have achieved steady improvement in quantity and quality. Under the background of the impact of the epidemic in the century, the accelerated evolution of the century-old changes, and the more complex and severe external environment, the stable operation trend of China's economy is continuing, the foundation for industrial development is constantly consolidated, and the vitality of economic development momentum is enhanced. A number of international economic organizations predict that China's economy will grow faster in 2021 than other major economies.

China's economic development maintains a global leading position, which is inseparable from maintaining a global leading position in epidemic prevention and control. In the face of frequent mutations of the virus, China adheres to the general strategy of "external prevention of imports and internal prevention of rebound" and the general policy of "dynamic zero clearance", continues to increase the vaccination rate of the whole people, and lays a solid foundation for effective overall planning of epidemic prevention and control and economic and social development. China has not only achieved the stable operation of its own economy, but also worked with its trading partners to jointly maintain the stability of the global industrial chain supply chain, providing strong support for global epidemic prevention and control and world economic recovery. China's role as a stabilizer and power source for world economic growth is more obvious, which fully proves that China's adherence to effective overall planning for epidemic prevention and control and economic and social development, and the implementation of prudent macroeconomic policies, which is conducive to the recovery and development of the world economy, is a truly responsible move.

China's "magnetic attraction" to foreign investment is increasing day by day, showing a huge opportunity for a super-large market size. China has a population of more than 1.4 billion and more than 400 million middle-income groups, the scale and growth potential of the consumer market are unmatched, coupled with the comprehensive advantages of complete industrial facilities, perfect infrastructure, rich human resources and other comprehensive advantages and continuous optimization of the business environment, the attraction of foreign investment will become more and more attractive. According to a report released by KPMG, China's foreign direct investment will remain high in 2022. According to an HSBC survey, 97% of the companies surveyed plan to continue to expand their investment in China. Many U.S. executives have also recently said that they will continue to expand investment in China in the next 10 years. Foreign enterprises have firm confidence in investment and cast a vote of confidence in China's economic development.

China adheres to openness and cooperation, promotes the construction of an open world economy, and allows the world to share more of the dividends brought by China's economic growth and consumption prosperity. In 2021, the import and export of China's comprehensive bonded zone increased by 24.3%, the import and export of the pilot free trade zone increased by 26.4%, the import and export of the Hainan free trade port increased by 57.7%, and the role of the open platform was stronger; China's import and export to countries along the "Belt and Road" was 11.6 trillion yuan, an increase of 23.6%, which was 2.2 percentage points higher than the overall growth rate of China's foreign trade in the same period. "China's firm adherence to multilateralism and economic globalization demonstrates the responsibility of a responsible major country" "China's expansion of opening up has benefited China and other countries have benefited from it"... The international community has positively evaluated China's role as a major country in sharing opportunities and seeking common development with other countries.

The epidemic is still spreading around the world, and China's economic development is still facing a lot of pressure. On the way forward, no matter how the international situation changes, we will unswervingly do our own thing and strive to promote the steady improvement of the economy and the reasonable growth of quantity. Looking forward to the future, China's economic development prospects are bright, the Chinese market is full of opportunities, and China will certainly make greater contributions to the recovery and development of the world economy.