China News Service, Beijing, March 25 (Reporter Liu Wenwen) The two-day China Development Forum 2024 Annual Meeting officially came to an end. International financial professionals speaking out here are generally optimistic about China's development prospects and believe that the Chinese economy contains unlimited potential and is an important source of power for world economic growth.
In 2023, China will usher in a year of economic recovery after the epidemic, with the economy growing by 5.2% over the previous year. What do you think of this growth rate?
Jin Liqun, President of the Asian Infrastructure Investment Bank, bluntly stated that China’s economic base is huge, and even a one percentage point growth is unmatched in the past. In his view, the wealth created by China's economic growth is "much greater" than in the past.
International Monetary Fund President Georgieva spoke highly of China's economy in 2023. She is optimistic about China's economic prospects in the future, saying that "China will remain an important force in promoting global economic growth."
Asian Development Bank President Masatsugu Asakawa believes that "China's solid growth is a major contributor to the growth of the Asia-Pacific region" and predicts that China's economy will have a very stable growth trajectory in 2024 and will be within the growth range set by China.
The outside world is optimistic about China's growth prospects because the Chinese economy has strong vitality. Evan Greenberg, foreign chairman of the forum and chairman of Anda Group, said that China has a large number of high-quality labor force, complete infrastructure, strong manufacturing capabilities and technological strength. A vibrant private sector will lead to investment expansion, job creation and increased confidence in innovation, helping to attract foreign investors.
Jeffrey Sachs, a professor at Columbia University in the United States, believes that China will continue to have strong economic growth based on its excellent manufacturing industry and rapidly developing technology. 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." .
"China's extraordinary journey proves that anything is possible." World Bank President Peng Anjie said that in 1978, 770 million people in China were in extreme poverty. But in this year, China embarked on a difficult reform process that fundamentally changed its development trajectory.
Today, China has transformed from a World Bank recipient to one of the largest donors, and China's experience has been applied to many countries. In Peng Anjie's view, the road to development is long, and each country is lighting the way forward for the next country. China is the forerunner on this road.
China's economy has great potential, vitality and resilience, and contains unlimited possibilities. It is precisely for this reason that more and more foreign companies have cast "votes of confidence" in China, and China is increasingly needed by the world. As Evan Greenberg said, a strong, prosperous China that supports and invests in the international system is a "positive energy" for the world. (over)