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    Home»PR Newswire»The prospects and benefits of high-quality development in the spotlight
    PR Newswire

    The prospects and benefits of high-quality development in the spotlight

    Miley SelenaBy Miley SelenaDecember 6, 2024No Comments5 Mins Read
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    BEIJING, December 6, 2024 /PRNewswire/ — The article was published by China Daily on December 6:

    China the consistent pursuit of high-quality development, focusing on high-level opening-up and in-depth reforms to further stimulate growth while strengthening economic resilience, not only serves the interests of the nation, but also injects positive factors into global development, according to experts and business circles. leaders and government officials at home and abroad.

    They also said on Thursday that more efforts were needed to improve the international community’s understanding of China economic prospects and the overall benefits of high-quality development, which they described as essential to shaping a better future for the world.

    The remarks were made during a Vision China event that brought together representatives from international organizations, businesses, universities and think tanks, who shared their views on China high quality development. The event was jointly organized by China Daily and the University of International Business and Economics of Beijing.

    “Global attention is keenly focused on China economic trajectory as a source of stability,” said Qu Yingpu, publisher and editor-in-chief of China Daily.

    “It is crucial that different stakeholders, including media, business, academia and think tanks, proactively articulate the intrinsic logic of the China history of economic development and elucidate the interaction between China high-level opening-up and shared development of nations,” Qu said.

    Such efforts will promote better understanding within the international community of China economic development prospects and the dividends its high-quality development offers to the world, he added.

    Qiu Xiaopingvice president of the All-China Federation of Industry and Commerce, said the in-depth exchanges between renowned economists, chambers of commerce and business leaders at home and abroad are of great significance to promote the high-quality development of China’s economy. China economy and common global development.

    Specifically, he said the high-quality growth of China The private sector is expected to make great strides, thanks to the momentum of reforms, the support of supportive policies, the diligence of businesses and the collective effort of Chinese society.

    “Such progress will continually inject new energy into the high-quality development of China the global economy and harness the power of Chinese private enterprises to contribute to the prosperity and progress of the global economy,” he said.

    Otto Solisformer special advisor to the president of Costa Ricasuggested that relevant and high-quality development goals focusing on production, humanism, sustainability and globalization should be at the core of scientific and social research as well as policy-making.

    Chinawith its large size, population, GDP and historical depth, is poised to play a central role in “pushing the world toward high-quality development,” he said in a video speech.

    During the event, all participants expressed great confidence in the promising future of China economy.

    As the country steps up efforts to foster high-quality development and generate new growth dynamics and vitality, its growth will also benefit others, they stressed.

    “The bright future of China economy toward high-quality development remains firm, unshakable in the face of storms,” said Qu, publisher and editor-in-chief of China Daily.

    In addition, China’s economy, with a high level of openness, provides the world with a large market and win-win opportunities. China The path of modernization offers the world a Chinese solution and a force for shared prosperity, he said.

    Jack PerryChairman of Group 48 and CEO of London Export Corp, highlighted that China growth has benefited populations both within and beyond its borders. In his video speech, he also welcomed China dedication to maintaining a high level of openness.

    Steven Barnettthe principal resident representative of the International Monetary Fund to Chinasaid 0.9 percentage points of projected global growth of 3.2 percent for this year and next year is expected to come from China.

    This means that China’s economy continues to be the main engine of global growth, contributing more than a quarter of global economic expansion, he said.

    Safdar Parvezcountry director of the Asian Development Bank for Chinastated that the institution expects China growth in 2024 is expected to be within the target range of around 5% set earlier this year, thanks to recently announced proactive policy measures.

    Huang Baoyin, Party Secretary of the University of International Business and Economics, stressed that it is necessary to develop new quality productive forces adapted to local conditions, refine the incentive and constraint mechanisms that promote high-quality growth, cultivate new growth engines and take advantage of greater openness. are all essential elements of China development strategy.

    Mark HornPresident of Merck China, said the country stands out as a leader in innovation, driven by key strengths such as exceptional adaptability and scalability.

    “Thanks to an innovative ecosystem, China often rapidly leads the world in adopting new and disruptive technologies,” he added.

    George Xuexecutive vice president of Airbus and CEO of Airbus China, said the company draws inspiration from China commitment to high-quality development and high-level openness.

    “The huge market size presents a unique opportunity not only for business growth, but also for the high-quality development of the entire industrial chain,” Xu said.

    Song Yangprofessor at Renmin University of China School of Economics and researcher at the National Academy of Development and Strategy of the university, pointed out that China is on the right path towards common prosperity.

    Also at the event, China Daily’s Qu announced that it was decided to integrate corporate communications resources, guided by the ethos of openness, to establish the China Daily Institute for Corporate Communication. The goal is to tell great stories about how Chinese and foreign companies are growing with China.

    “We will continuously expand the global network of trade friendships and promote exchange and mutual learning of civilizations,” he said.

    Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/outlook-for-benefits-of-high-quality-development-in-spotlight-302324621.html

    SOURCE Chinese Daily





    Source: PR Newswire

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