Profits of a robust Chinese economy
Chinese Ambassador to Britain Liu Xiaoming said on Monday that the Chinese economy that remains robust will bring further opportunities to the whole world. In a signed piece on Daily Telegraph, Liu said that China’s economy is growing at a medium-to-high speed but remains robust.
“Despite some frictions, China-US trade and economic cooperation show enormous potential and resilience,” he said.
China, which remains the world’s biggest trader in goods, is opening its doors wider to the outside world.
The senior diplomat said that his country’s shift from high-speed to high-quality growth has greatly improved the efficiency of growth.
“New growth engines represented by new industries, products and business models keep emerging, with an average of more than 18,000 new enterprises established every day and online retail sales increasing by more than 20 per cent,” he said.
Liu stressed that growth has become greener in China. As the biggest engine for global growth for many years, China was the fastest growing among the top five economies in 2018 and contributed nearly 30 percent to global growth.
Liu said China will bring more opportunities to the world in the future.
He said with a population of close to 1.4 billion, China will be a source of tremendous spending power, a broad market with huge opportunities for products and services from other countries, including Britain.
“In sectors such as banking, insurance, securities, auto manufacturing and shipbuilding, China is lifting or easing restrictions on foreign ownership in joint-venture firms, which is an invitation to share in China’s development benefits,” he said.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.