Foreign media: The Chinese market will bring rich opportunities to the world

Source: China Economic Network

The Spring Festival is a window for foreign media to observe China. In the spring festival holiday of the Year of the Ox, innovative New Year's greetings, exuberant online consumption, and the "home economy" helped by the local New Year... The vigor and vitality shown by China's economy and society have been widely concerned and positively evaluated by foreign media. In the report, foreign media fully affirmed the major achievements made by China in coordinating epidemic prevention and control and economic and social development, and believed that the vitality of China's economy has brought confidence to the stable recovery of the world economy.

"Let people see the power of Chinese consumers"

Some foreign media have reported on the prevention and control of the epidemic during the Spring Festival in China and the situation of the people in the local New Year. British Reuters reported that the Chinese New Year is usually the world's largest annual "migration", but this year, in order to reduce the risk of epidemic transmission, the Chinese people comply with the requirements of epidemic prevention and control, and many people choose to celebrate the New Year in place. They also received special New Year goods from their families, and the packages full of strong "hometown flavor" brought people closer to their hometowns.

The Japan Broadcasting Association Television said in the report that China has taken strict measures to prevent and control the epidemic. Spring Festival returnees should do a good job of nucleic acid testing, showing health codes and other measures to make the holiday orderly. Japan's Asahi Shimbun reported that many hotels in China have launched many special activities - making dumplings, writing Spring Festival, etc., which have attracted many people to participate.

During the Spring Festival, both the film box office and the consumer market in China showed a thriving scene, attracting global attention. CNN published an article saying that the Chinese New Year movie box office achieved good results. In order to prevent and control the epidemic, China has made regulations on theater attendance, but China's box office revenue during the Spring Festival exceeded the same period in 2019. The boom in movie viewing in the Spring Festival stall "further proves the strong growth of the world's second-largest economy.".

The New York Times reported that "the strong performance of the film box office shows people to see the power of Chinese consumers." Belgium's "Standard" reported that the Chinese New Year film box office broke records and became the most important film market in the world, and "the recovery of the Chinese film market will promote the development of the global film industry."

The Dutch International Group website published an analysis article saying that the Chinese New Year consumer market is booming, reflecting the stability of consumer employment and income. Bloomberg reported that during the Spring Festival holidays, Chinese consumers spent strongly on restaurants, online shopping and movie watching, which "helped to promote the sustainable development of China's economy."

According to the German News Agency, "Chinese ushered in a hopeful and more auspicious Year of the Ox," and people expressed their expectations in the media: the Year of the Ox will have good luck.

"Proof that China's economy has reached a new level"

This year's Spring Festival, the development of China's digital consumption trend has further accelerated. Reuters said that during the Spring Festival, China's consumer market showed new characteristics and trends, citing an ANZ report pointing out that China's online consumption, express delivery industry, movie box office, local travel and so on achieved strong growth during the Spring Festival.

Cuba's Latin America News Agency reported that the Chinese market showed strong consumption vitality during the Spring Festival holiday, and the consumption indicator data increased significantly, especially in leisure and entertainment and online shopping. In terms of retail sales, e-commerce has a prominent performance, and the most popular goods include household appliances, food, flowers, fitness equipment and beauty supplies. The sales of Chinese New Year's Eve rice series products increased by about 54.9% compared with the same period last year's Spring Festival. The report also mentioned that China's express delivery industry handled more than 130 million parcels in the Chinese New Year's Eve and the first day or two of the first month of the new month alone, and the business volume increased by 223% year-on-year.

South Africa's "Soweto People" reported that the new format brought by digitalization has become the highlight of this year's Chinese New Year holiday consumption. During the festival, the consumer demand for various humanized digital small household appliances increased significantly. "This trend reflects that China's Spring Festival consumption is upgrading step by step, and Chinese pay more and more attention to quality of life, proving that China's economy has stepped onto a new level."

Quoted by a Chinese e-commerce platform as the Spring Festival consumption data released by the Pringeve, THE NEWSWIre pointed out that this year's Chinese New Year showed new consumption characteristics, such as the local New Year's Eve spawned an unusually hot order in different places, the popularity of home fast food, and the popularity of family games.

Spain's Efe news agency recently reported that according to the data of online travel booking websites, during the Spring Festival, The number of domestic local travel bookings in China increased by more than 660% year-on-year, and the travel around some cities increased by 300% year-on-year. At present, Chinese mainland has not had any new confirmed cases of new coronary pneumonia in china for many consecutive days, showing that the measures aimed at avoiding the spread of the epidemic during the Spring Festival have achieved results.

The German "Bild" report quoted data from the Sichuan Provincial Department of Culture and Tourism as saying that in the three days before the Spring Festival holiday this year, 760 A-class tourist attractions in Sichuan Province resumed opening 654, receiving a total of 6.3449 million tourists, an increase of 293% over the same period last year, and the province's ticket revenue reached 40.8315 million yuan, an increase of 166% over last year.

"The Chinese market will bring abundant vitality and abundant opportunities to the world"

China's economy in the Year of the Bull has achieved a "good start", injecting confidence and strength into the recovery of the world economy. Reuters reported that China's economy will usher in a recovery "bull" in 2021, and consumer and manufacturing investment will catch up. German television said that the Year of the Ox has special significance for China. As the only major economy in the world to achieve positive economic growth last year, Chinese will be more confident in the Year of the Bull.

South Africa's "Star" reported that China has a huge domestic market and an escalating consumption structure, which is where the strength of China's economy lies. "China's economic recovery, as the world's second largest economy, is also good news for the global economy. The Chinese market will bring abundant vitality and abundant opportunities to the world, and become an important force driving the world's economic growth after the epidemic. ”

On the morning of the first day of the first lunar month, 190 tons of dragon fruit from Vietnam passed through the ports of Yunnan Province and were sold to all parts of southwest China. Almond milk and red soy milk produced by Vietnam Dairy Co., Ltd. also arrived in China on the eve of the Spring Festival.

The Financial Times quoted Alex Wolff, head of Asian investment strategy at JPMorgan Chase & Co. Private Bank, as saying that China has achieved economic recovery and played an important role in the global economy, and its economic strength has continued to increase, which has greatly increased global investors' interest in China's stock market.

The website of Spain's "Pioneer" recently published an article saying that in the zodiac, the cow symbolizes strength, self-discipline and hard-working, and these qualities are also the key to development. China's economy has shown resilience. Last year, China's economy grew by 2.3 percent, making it the only major economy in the world to achieve positive economic growth. It is believed that China's economy will play a more important role in the world economy this year.

"The world can better observe China's economy through the Spring Festival." The Soweto newspaper reported that this Spring Festival in the Year of the Ox is particularly unusual. In the face of the impact of the epidemic, the Chinese market has handed over a beautiful answer: whether it is going to the theater to watch movies, or online shopping, or online cloud travel... A variety of festive options have brought a variety of festive life to the people. "This brings strong confidence to the start of China's economy and the recovery of the world economy in the new year."

(Beijing, Brussels, Washington, Madrid, Johannesburg, Tokyo, February 23, reporters Yu Yichun, Yang Xun, Fang Yingxin, Wu Lejun, Jiang Bo, Li Yingyan, Liu Junguo)