三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
China
Home / China / Latest

Experts hail Government Work Report

China's GDP growth target seen as indication of confidence in rebound

By Chen Weihua in Brussels, Xing Yi in London,Xing Yi and Lia Zhu in San Francisco | China Daily | Updated: 2024-03-09 07:25
Share
Share - WeChat
An employee works at a PV panel production facility in Lianyungang, Jiangsu province, on Jan 4. SI WEI/FOR CHINA DAILY

China has set a rational GDP growth target that indicates substantial confidence and robustness in its economy and the government is working to ensure that the benefits of economic growth are shared by all, global experts said.

Premier Li Qiang delivered the latest Government Work Report to the National People's Congress on Tuesday, in which he disclosed major targets for this year's development, including GDP growth of around 5 percent. He also outlined major tasks for 2024, including striving to modernize the industrial system and developing new quality productive forces at a faster pace, invigorating China through science and education, expanding domestic demand, continuing to deepen reform and pursuing higher-standard opening-up.

Carlos Martinez, co-editor of the London-based platform Friends of Socialist China and author of The East is Still Red, said that China's GDP growth target signals significant confidence in its continued economic rebound following the COVID-19 pandemic, as well as resilience to a complex and challenging international environment characterized by numerous conflicts, sluggish growth and attempts at "decoupling".

"It also reflects China's economic 'new normal', in which ultrafast growth based on quantity is giving way to high-quality, sustainable growth based on innovation," he said.

He added that the Government Work Report showed that China's per capita disposable income increased faster than GDP growth, and the increase in income was highest for low-income groups.

"This reflects the government's ongoing commitment to common prosperity and its sincere efforts to reduce inequality," he said. "Living standards are improving, and the government is working to ensure that the benefits of economic growth are shared by all."

The report also discussed China's continued commitment to world peace and development, and its opposition to hegemony and bullying. Martinez said that China's commitment to peace, multipolarity and international fairness is "a breath of fresh air" compared with the United States-led West.

George Koo, a retired international business adviser in Silicon Valley, California, said that China's GDP growth target of around 5 percent for this year is "a reasonable, general consensus target".

He added that China has highlighted the development of "future industries" as a key part of its development plan for the next few years, and frontier technologies have to be an essential part of China's future industries.

Hugh Goodacre, a lecturer in the history of economic thought at University College London, said the Government Work Report is a milestone document on the path chosen by China in pursuing its own characteristic model of economic development. Having in recent years advanced well beyond the former focus on extremely high growth, most notably in its export sector, the Chinese government and people are now confronting the tasks of orienting production toward domestic consumption with determination and energy as well as directing the country's productive forces into the advanced sectors that count most in a modern economy.

Christopher Bovis, a professor of international business law at the University of Hull in the United Kingdom, said that China is ambitious in setting targets for economic growth at around 5 percent, a figure which when compared with other economies is a "near game changer". To facilitate this growth plan, the Chinese government has set a proactive fiscal policy, coupled with a prudent monetary policy.

He said that what has taken the markets by surprise is the creation of conditions, including investments, that will boost domestic demand for products and services. The plan of the Chinese government has prioritized the features of research and development in disruptive and innovative markets to spearhead growth fueled by domestic consumption.

The report also prioritized sustainable agriculture to ensure food security, alongside an innovative approach to transitioning to cleaner energy production, contributing to global environmental objectives for decarbonization, Bovis added.

Cavince Adhere, a Kenyan scholar of international relations with a focus on China-Africa relations, said the Chinese economy exhibited remarkable resilience to beat last year's growth target and "was the most important anchor of global economic wellness" last year. With the right environment in place, backed by responsive tools and policies, the new growth target of around 5 percent for this year will "certainly be achieved".

Because of its economic stability at home, China has morphed into an important development partner for emerging economies, especially those in Africa. China has provided markets for Africa's products and continues to be a strong source of technology and finance for the continent's development, Adhere added.

Wang Mingjie in London, Edith Mutethya in Nairobi and Chen Yingqun in Beijing contributed to the story.

 

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 国产免费91视频 | 朴妮唛1一30集福利在线播放 | 国产色综合天天综合网 | 午夜在线成人 | 手机看片日韩日韩国产在线看 | 免费性生活视频 | 1000部羞羞禁止免费观看视频 | 一级黄色大片免费观看 | 免费观看一级特黄欧美大片 | 欧美黄色tv | 金发美女与黑人巨大交 | 久久青青草原精品老司机 | 亚洲人成在线观看一区二区 | 三级小视频在线观看 | 精品视频在线免费 | 久久国产精品视频 | 精品亚洲一区二区三区在线播放 | 中国黄色一级大片 | 国产精品久久久久久一级毛片 | 亚洲国产日韩在线一区 | 精品国产高清a毛片无毒不卡 | 亚洲黄色免费 | 日本wwwxxxx | 精新精新国产自在现拍欣赏网 | 国产乱理伦片a级在线观看 国产乱理伦片在线观看 | a级免费观看 | 国产午夜精品一区二区三区嫩草 | 国产一区自拍视频 | 亚洲免费影视 | 免费一级毛片在级播放 | 国产精品亚洲片在线观看不卡 | 亚洲成人福利在线观看 | 美国特级成人毛片 | 精品人成 | 911国产在线观看精品 | 欧美h版无删完整大片 | 啪啪网站在线观看 | 黄视频在线观看网站 | 亚洲色图日韩 | 99黄色网 | 激情网址大全 |