日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Well set to make the most of economic opportunities: China Daily editorial

chinadaily.com.cn | Updated: 2021-01-18 20:32
Share
Share - WeChat
People visit a shop at the renovated East Nanjing Road Walkway in East China's Shanghai, on Sept 12, 2020. [Photo/Xinhua]

China's gross domestic product last year was 101.6 trillion yuan ($15.67 trillion), up 2.3 percent from the year before, the National Bureau of Statistics said on Monday, making China the only major economy to achieve positive growth last year.

That's a hard-won result considering the many headwinds and uncertainties the country has encountered, ranging from trade bullying and the technology and market blockade of the United States to the outbreak of the novel coronavirus.

The trajectory of the economy — down 6.8 percent year-on-year in the first quarter, then up 3.2 percent, 4.9 percent and 6.5 percent in the following three quarters — reveals both the heavy blow the pandemic dealt the country in the first quarter, and the resilience of its economy.

The central authorities' pro-growth, pro-innovation, pro-livelihood and pro-employment policies have played an indispensable role in this by tapping into the potential of the Chinese economy, which is based on its close connection with the global market, huge domestic market and complete industrial system.

With China's goods trade with almost all its major partners rising, including trade with the US, the country's foreign trade grew 1.9 percent last year, making it the only major economy to realize positive growth in its goods trade.

Over the past year, a total of 11.86 million jobs were created, markedly higher than the 9 million target; the annual per capita disposable income was 32,189 yuan, 2.1 percent higher than last year; and the consumer price index rose 2.5 percent, lower than the 3.5 percent projection.

Yet consumption, as a main indicator of the vitality of the economy and a major growth engine, was still 3.9 percent lower last year than the year before, indicating that the shock waves of the pandemic have not been fully overcome.

Looking forward, the decision-makers of the country have sufficient reasons to maintain the stability of last year's bailout policies, while also making the policies more targeted and pertinent to suit what remain fast-changing circumstances, since neither the US, a major external factor for China's development, nor the trajectory of the COVID-19 pandemic is predictable.

Timely responding to any changes effectively will be a test of the country's governance capability.

Nonetheless, the better-than-expected performance of the Chinese economy last year indicates that as long as the country can defend its bottom line on several key fronts, including preventing financial risks and guaranteeing food and national security, it will be able to seize any opportunities that may arise amid the uncertainties from the reshuffling of the previously entrenched power structure and resource allocations in the global economy.

The fact that the International Monetary Fund has forecast China's growth this year will reach 8.2 percent, the World Bank anticipates 7.9 percent and the OECD projects 8 percent shows the world's confidence that the country will be able to make the most of the opportunities that may arise.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 爽妇综合网 | 日本一级一片免费视频 | 日本久久网站 | 一区二区三区视频免费 | 国产裸体永久免费无遮挡 | 国产乱在线 | www国产com| 国产在线观看一区二区三区 | 成人在线视频免费观看 | 欧美亚洲视频在线观看 | 成人羞羞网站 | 小明永久2015xxx免费看视频 | 一级淫片免费看 | 俺来也在线 | 男人的天堂官网 | 九九热视频在线播放 | 国产精品视频在线看 | 91久久在线观看 | 97久久久久久| 99国产精品久久久久久久成人 | 亚洲午夜一区二区 | 日韩欧美91| 日韩欧美在线不卡 | 日本在线视频中文字幕 | 久久永久免费视频 | 亚洲一区二区三区蜜桃 | 日本黄色免费网站 | 99re视频这里只有精品 | 日韩专区在线播放 | 欧美成综合| 成人av图片 | 亚洲国产精品久久久久久 | 国产视频1区2区 | 99日韩精品 | 亚洲成人一级片 | 大地资源高清在线视频 | 日本黄色一级网站 | 国产三区视频 | 日本欧美色图 | 欧美日韩色 | 国产精品日韩欧美一区二区三区 |