European and American experts are optimistic about China's economic development potential
August 18, 2021 09:11 Source: "China Social Sciences", August 18, 2021, Issue 2232 Author: Yan Yong

Facing the epidemic of new crown pneumonia,China became the only major economy in the world to achieve positive economic growth in 2020。Recent,International Monetary Fund (IMF) released the latest "World Economic Outlook Report",Forecast global economy increased by 6%,China's economic growth rate is 8.1%。Why can the Chinese economy continue to achieve bright results? European and American experts and scholars expressed some views。

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Compared with most economies around the world,After experiencing a trough in the first quarter of 2020,China's economy began to rebound strong,The growth trend is also in a relatively ideal state。The second quarter of 2021,China's economy increased by 7.9%year -on -year。German rating agency scope Bet365 app download sovereignty and director of the public department Dennis Shen (Dennis Shen) said,Since the global financial crisis in 2008,A series of structural reform measures in China will prevent major macroeconomic risks as targets,and increase the possibility of "soft landing" of the economy,to avoid "hard landing"。It is expected to be in the second half of this year,China will pay more attention to financial risk management,and introduce policies that support economic recovery。Policies for promoting economic development by the Chinese government,It has begun to shift from supporting economic activities to cope with systemic financial risks。The Chinese government promises to control credit growth,Dedicated to eliminate asset bubbles,At the same time, encourage the healthy and orderly development of the financial market。This series of measures ensure the sustainability of China's economic growth。

From Dennis Shen,The recent risk of China's financial stability has Bet365 lotto review been reduced,The reason is that the Chinese government's attention to the achievement of "hard" growth goals for GDP。Extensive financial reform and the promotion of the work of renminbi as a reserve currency,shows the broad development prospects of China's finance。Since the epidemic in the new crown pneumonia,China ’s extensive regulatory reform follows,Including improving the framework of macro -prudential assessment,Strengthen the supervision of important institutions of financial systems,Promote the financial system to serve the physical industry and infrastructure。other,RMB gradually becomes global reserve currency,It has also further consolidated the foundation of China's economic development。The internationalization process of the RMB cooperates with the existing high foreign exchange reserves and low foreign debt,Provides buffer for China's economy to deal with external pressure,Enhanced the toughness of China's economy。

  Foreign direct investment continues to grow

China's economy continues to develop well,Added attractiveness to the global market。Nicholas Lardy, a researcher at Peterson Institute of International Economics, USA, said,Since the occurrence of new crown pneumonia,The so -called "global economy is decoupled from China" does not appear。Although the global economic and financial situation becomes tight,Some countries also have a large number of restrictions on the transfer of technology in China,But China continues to attract a large number of foreign direct investment (FDI),These investments are used to purchase stocks and government bonds of listed companies in China,Deepen the connection between China and the global economy。

China became the world's largest foreign capital inflow country in 2020,Foreign direct investment reaches US $ 2120 billion。Lady said,Continue to lead the global economy in China to get out of the new crown pneumonia.、Foreign -funded enterprises under the context of continuous bet365 best casino games improvement of Chinese businessmen's environment,foreign multinational companies have increased their investment in China,Not only thousands of new companies,The scale of existing enterprises has also continued to expand。China relaxation financial supervision,Cancel the restriction of foreign -funded shareholding ratio of Chinese banks and financial asset management companies,After the implementation of the unanimous equity investment ratio of internal and external shares,Foreign direct investment in Chinese financial institutions is growing rapidly。

The pace of foreign direct investment flowing into China continued to accelerate in 2021,In the first quarter, it reached $ 98 billion,Almost three times the foreign capital of China in the first quarter of 2020。other,The investment portfolio involved in the Chinese securities market is also surging。Data display at Peterson Institute of International Economics,In the first half of 2021, foreign investors have purchased about $ 35 billion in Bet365 lotto review Chinese listed companies stocks,Buying China Treasury bonds reaches $ 75 billion。Continuous increase in foreign investment,It reflects the health and sustainability of China's economic development from another side。

Lady said,China's total foreign direct investment in China will reach a new high of history,China's share in global foreign direct investment may rise further。

Editor in charge: Zong Yue
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