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China s growth to boost world economic recovery-- Beijing Review
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China s growth to boost world economic recovery - People s Daily Online
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China emphasizes rooting out economic risks on high-tech, industrial chains and food safety at key meeting
By Wang Cong Source: Global Times Published: 2020/12/18 22:04:33
Lujiazui Photo:VCG
Top Chinese policymakers on Friday put heavy emphasis on addressing various internal challenges ranging from consumption, technology and financial security at a key meeting that outlines top policy priorities for 2021, signaling the world s second-largest economy is shifting reliance on the domestic economy as external risks continue to mount marked by the COVID-19 pandemic and trade tensions.
At the closely watched Central Economic Work Conference, attended by Chinese President Xi Jinping and other senior officials, top leaders commended historic achievements in the battle against the COVID-19 epidemic, while concluding the Chinese economy continues to face many uncertainties from the external environment, not-so-solid recovery conditions and various risks posed by the pandemic.
2020-12-18 02:16:57 GMT2020-12-18 10:16:57(Beijing Time) Xinhua English
As the year is drawing to a close, China s economic rebound from COVID-19 is gathering pace as mirrored by improvements in key growth figures, which, for many market watchers, are a boon for the world economy still scrambling to shake off the severest recession in nearly a century.
In the latest World Economic Outlook, the International Monetary Fund (IMF) projected China s economy to grow by 1.9 percent in 2020, 0.9 percentage points above its June forecast, making China the only major economy that will see positive growth this year. With the right mix of supportive macroeconomic policies focused on strengthening social safety nets and further key reforms, China will secure the recovery and ensure balanced and high-quality growth, which will benefit China and the world, said IMF Managing Director Kristalina Georgieva.
Commentary: How China s new development pattern helps empower global recovery - Xinhua
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