(The 3rd China International Import Expo) China-Singapore Times Review: In a critical period, China injected "positive energy" into the world economy

  China News Service, Shanghai, November 5th, title: During a critical period, China injected "positive energy" into the world economy

  China News Agency reporter Li Xiaoyu

  When the epidemic in many countries is rebounding and the global economic outlook is gloomy, Chinese President Xi Jinping announced at the third CIIE new measures to expand and open up comprehensively, which not only reflects the responsibility of major countries, but also injects certainty and "rightness" into the world. energy".

On November 2nd, the preparations for the third CIIE were ready, and the staff was in the booth for finishing work.

Photo by Tang Yanjun

  As the world's second largest economy, China has consistently expanded its opening up, which will create new space for world economic recovery.

  Broad accommodation space has always been an indispensable necessity for economic growth.

However, due to the impact of the epidemic, normal economic activities have been restricted, the space for economic and trade cooperation between countries has been squeezed, and the economic "blood" of trade and investment has not run smoothly, restricting the process of economic recovery.

  China took the lead in controlling the epidemic in a short period of time and was the first to restart the economy, which has made many multinational companies' performance in China rise against the trend and become a "safe haven" for them to overcome the impact of the epidemic.

This time, China has made it clear that it will unswervingly expand its opening up in an all-round way, realize more efficient internal and external market connectivity, and share factor resources, which will better release the consumption potential of the country’s 1.4 billion people and more than 400 million middle-income groups, and create a new, new potential. The huge market effectively hedges the risk of contraction in international economic and trade activities and promotes the return of the world economy to the right track at an early date.

  As one of the "sources" of innovation activities, China continues to expand open areas and will open up great opportunities for global innovation.

  In fact, the global economy was already in trouble before the outbreak, and the biggest worry is that the old kinetic energy is declining day by day, the new kinetic energy is not yet abundant, and the economic growth lacks a powerful engine.

Only by accelerating innovation can the world economy get rid of the bottleneck fundamentally and move to a higher level.

  In recent years, China's innovation strength has increased significantly, and its global weight has become heavier.

With its strong talent pool, strong production capacity, broad sales channels, and huge consumer market, China provides favorable conditions for the stimulation of innovative vitality and the promotion and application of innovative achievements.

Many innovations in the fields of artificial intelligence and big data have moved from China to the world, and the establishment of R&D centers in China has become a new choice for more and more multinational companies.

  Looking back at history, when the world's economy is in deep mud, it is often a critical period for the burst of innovative vitality.

This time China proposed to continue to expand opening up in the digital economy, the Internet and other fields, and to compress the "China's Import Prohibited and Restricted Technology Catalog", which adds a fire to innovation at a special time and will make the cross-border flow of innovative elements more free. , Efficient, and help the world economy get out of the predicament of the old and new growth momentum, and achieve rapid development.

  As a supporter and defender of multilateralism, China reaffirms that opening up requires cooperation and win-win, which will help economic globalization regain momentum.

  All countries share development opportunities and results, and jointly cope with risks and challenges are the essence of an open world economy.

At present, various dangerous factors that threaten the stability of international politics and economy are increasing, causing enterprises to worry about expanding investment, and people's lack of consumer confidence, casting a heavy shadow on the global economy.

Without "clearing mines" in time, there will be no smooth path to economic recovery.

Among these "thunders," unilateralism and protectionism are the most harmful, which damages the foundation of economic globalization.

  Xi Jinping made it clear this time that he must be committed to advancing the openness of win-win cooperation, shared responsibility, and cooperative governance, and put the common interests of all countries as the top priority. Protectionism undermines international order and international rules".

He also proposed that China will actively participate in the reform of the World Trade Organization, actively participate in the cooperation of the United Nations, the Group of Twenty, APEC, BRICS and other mechanisms, and build high-quality "Belt and Road" with relevant countries, which shows that China will take practical actions. Take on the responsibilities of major economies and act as a "ballast stone" and "stabilizer" for the global economy.

  If the world is facing turbulent changes and the economy is at the crossroads of prosperity and decline, certainty has become the scarcest "luxury", then China will clearly persevere in expanding opening up, expanding open areas, and raising the level of openness through the CIIE. 1. Promoting open cooperation has undoubtedly injected rare stability and positive energy into the global economy.

And this is precisely where China's responsibility and responsibility as a major economy lies.

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