Facing the current international community’s generally pessimistic view of China’s economic future performance, Xinhua News Agency published a series of articles to counter the current “China’s economic decline theory”. The first article on the 17th reported that this round of abuses is in line with the logic of so-called “risk-reduction”. Its purpose is to mislead the world, shake confidence in the Chinese economy, and portray China as ” source of risk to the world economy” and weakening China and other countries. In the final analysis, cooperative relations are still a continuation of the farce of the so-called “China decline theory” that has surfaced many times in the past decades and Finally got slapped in the face by the facts.
The article first criticized Dragon’s cover in a recent issue of the British “Economist” about China’s economy, calling it “very deceitful”, and the headline said “China’s economy is on the edge.” The article states that the same dragon image appeared in a special supplement dated June 15, 2002, with the title “The Breathless Chinese Dragon”. The publication predicted at the time that China’s economic growth would slow significantly within ten years.
“However, the fact is that China’s economy will grow at an average annual rate of about 10.5% over the next ten years, far higher than the average for the world’s major developed economies over the same period.”
Xinhua news agency reported that according to internationalcurrencyThe latest forecast from the International Monetary Fund (IMF) shows that the US economy will grow only 1.8% in 2023, and the UK will grow only 0.4%.GermanyThe economy will shrink by 0.3%. China’s economic performance is as follows: GDP grew by 5.5% year-on-year in the first half of the year, ranking the best among the world’s major economies.
The World Bank, OECD and IMF estimate China’s economy will grow 5.6%, 5.4% and 5.2% respectively in 2023, Xinhua news agency said. “This is a very good achievement for any major economy. The Chinese economy is still the ‘leader’ and ‘engine’ of global economic growth. However, some Western politicians and media ignore the facts, create unnecessary propaganda and They defame the economy. Actually, it is not that they do not understand economics, but they have some ulterior motives.”
Xinhua News Agency said Western media and politicians have alternately stoked concerns and hypocritically prescribed prescriptions, in order to spread a pessimistic view that “China’s economy is doomed” and that China’s economic prospects are in decline. An attempt has been made to undermine people’s trust and influence China.investThis undermines investor confidence in the Chinese market, undermines China’s economic expectations, weakens China’s economic operations, and hinders China’s development process.
The article emphasizes that the Chinese government has effectively used its adequate policy to introduce targeted measures to deal with short-term fluctuations. In the first eight months of this year, China’s key economic indicators have bounced back. “In the context of downward fluctuations in the world economy and a more complex and severe external environment, China’s economy shows resilience and vitality in its continuous recovery.
The article concludes by saying that the complex domestic and international economic situation China is currently facing is undeniable, and it is an objective fact that China’s economy is gaining momentum and improving. “Saying bad words about others will not make you better, nor will it interfere with China’s stable economic development. In the face of the facts, the ‘China economic collapse theory’ is doomed to collapse again.”
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