China News Service, Beijing, March 24 (Reporter Xia Bin) "At present, I think the U.S. government's policies to restrict U.S. companies from investing in China are not very effective. I hope they can reconsider these policies, because these policies are not good for the United States. In the United States, It is also unpopular, and the American people hope to resume normal and peaceful relations with China." Jeffrey Sachs, a professor at Columbia University in the United States, said in an interview with a reporter from China News Service in Beijing on the 24th.
On the same day, the 2024 Annual Meeting of the China Development Forum was held. During the meeting, Sachs was interviewed and talked about the issue of foreign investment in China. In recent years, the United States has tried to harm China’s export trade to the United States and Europe, and has also tried to slow down or stop the growth of American companies in China. Chinese investment and relevant U.S. policies cannot actually have much impact on the continued growth of the Chinese economy.
In Sacks' view, China will continue to have strong economic growth based on its outstanding manufacturing capabilities and sustained and rapid technological progress. Currently, China is a global leader in many key industries, such as green environmental protection, digital technology, etc., and is a world leader in 5G, electric vehicles, photovoltaics, wind energy, etc. "These will become the source of China's economic strength in the next few years." .
Sachs believes that China is eager to attract foreign investment and should continue to promote Chinese companies’ overseas investments, such as investments in ASEAN or other partner countries, because it is very important for China to strengthen cooperative relations with the world economy. China is a low-cost producer of many key technologies, such as digital technology, electric vehicle technology, zero-carbon power generation technology, etc. This is why the world needs China as a trade and investment partner and infrastructure builder, "I think this is the reason why The meaning of quality development'. (over)