China News Service, Beijing, January 17 (Reporter Zhang Chenyi) According to Chinese official data released on the 17th, China's gross domestic product in 2021 will be 114.367 trillion yuan, an increase of 8.1% over the previous year at constant prices.

International media believe that China's economic development speed is beyond expectations, and can continue to achieve excellent development.

  Growth exceeds expectations

  Singapore's "Lianhe Zaobao" comprehensively introduced China's economic development achievements in 2021, pointing out that the growth rate of 8.1% was higher than market expectations.

Analysts and economists interviewed by relevant media earlier predicted that China's economy will achieve 8% growth in 2021.

  Bloomberg said in the report that although the economy grew by 4.0% in the fourth quarter, China's economic growth of 8.1% in 2021 is obviously better than expected.

A related Reuters article pointed out that China's economic growth in 2021 is much higher than expected.

The strong recovery driven by exports in the first half of 2021 is particularly evident.

  "Sky News" said in a report that China's economy has rebounded from the difficulties caused by the new crown pneumonia epidemic, with a growth rate of as high as 8.1%.

Compared with other major economies in the world, China's economic recovery is obviously faster.

CNN also said that China's economic growth in 2021 exceeded the Chinese government's original target.

  According to the "Wall Street Journal" report, affected by the new crown pneumonia epidemic, all parts of the world have rushed to buy Chinese products.

In 2021, China's economic growth rate easily exceeds the original target.

"Hindustan Times" said that the 8.1% economic growth rate is the fastest in China in the past 10 years, and it is also much higher than the growth target set by the government.

  The future is stable

  The Associated Press quoted analysts as saying that the new crown pneumonia epidemic is still raging around the world, but international consumer demand has recovered, which is good for China's economic development.

However, some economists said that global trade growth in 2022 may be weaker, coupled with port congestion and other impacts, the growth momentum brought about by the surge in Chinese exports last year may not be easy to reproduce.

As a result, China is trying to steer the economy towards more sustainable growth based on boosting domestic consumption (rather than exports and investment) and reduce financial risks.

  The NBC Business Channel quoted experts as saying that the new crown pneumonia epidemic may have a certain negative impact on the development of China's domestic consumer market, but it is relatively controllable.

China can take relevant steps to boost consumer and market confidence.

  According to the Wall Street Journal, the Chinese government emphasizes that the economy must achieve steady growth in 2022.

How China's economy performs this year will also have ramifications for the rest of the world, which depend on China's manufacturing prowess and its centrality in global supply chains.

  Al Jazeera analyzed that China is trying to deal with some problems arising from the development process, and pointed out that the recovery of consumption in 2022 will have a significant impact on economic growth.

  CNN said in a report that as challenges such as the new crown pneumonia epidemic still exist, China may also introduce a series of measures to promote economic development in 2022.

"With these measures, the growth prospects of the Chinese economy will stabilize," the report said.

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