在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

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

Healthier development of economy will help spur global growth: China Daily editorial

chinadaily.com.cn | Updated: 2020-12-08 20:07
Share
Share - WeChat
A worker sorts boxes of goods at a logistics center in Cixi, Zhejiang province, on Nov 4. Retail sales grew by 4.3 percent in October on a yearly basis as the economy's rebound accelerated. [Photo by Zhang Yongtao/For China Daily]

With economic activities in the United States, Europe and Japan curtailed by the pandemic, China is likely to be the only major economy to grow this year.

It is the country's early and successful containment of the spread of the novel coronavirus that has made it possible for its economy to resume normal operations. Almost all its enterprises are running as they used to before the onset of the public health crisis, while most of the other major economies are still struggling to cope with the pandemic.

The latest export data from the General Administration of Customs reinforce this fact. The country's foreign trade expanded 7.8 percent year-on-year last month, with exports jumping 14.9 percent in yuan terms.

With its foreign exports having registered steady growth for six consecutive months, China has been the sole major engine of the world economy and the stabilizer of global trade.

That its trade with the Association of Southeast Asian Nations, its largest trade partner, increased by 6.7 percent year-on-year to 4.24 trillion yuan ($650 billion) from January to November speaks volumes about the momentum of China's foreign trade with its neighboring countries.

The signing of the Regional Comprehensive Economic Partnership by China, the 10 members of ASEAN, Australia, Japan, New Zealand and the Republic of Korea in November means the country's economic and trade ties with these countries will continue to develop in the post-pandemic era.

And the fact that China replaced the United States as the European Union's largest trade partner in the third quarter highlights the complementarity of their economies and the potential of their bilateral economic and trade relations, which is evident in the growing number of freight train services between the two economies.

Meanwhile, China's exports to the US grew 6.9 percent year-on-year over the first 11 months this year, indicating how hard it would be to disengage the US economy from that of China. It is actually impossible for the world's largest- and second-largest economies to decouple from each other.

Also noteworthy is the fact the purchasing managers index rose to 52.1 percent last month, and even the PMI of small enterprises increased by 0.7 percentage points. This means that the country's manufacturing industry has further recovered.

Yet, were it not for its relatively complete supply chain and industrial system involving all necessary sectors, it would not be possible for the country to supply the rest of the world with what it required to effectively fight against the pandemic nor provide people with their daily needs.

Despite the great uncertainty caused by the pandemic, China's tight and effective grip on the virus at home will safeguard the smooth recovery of its economy, and its shift to the dual circulation development pattern will ensure it provides greater impetus to the global economy.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . 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: 涩涩涩999| 久久伊人成人 | 久久av影视 | www.欧美精品 | 99福利视频 | 精品www | 二区国产| 午夜社区 | 久草视频网站 | 欧美成人一区二区三区片免费 | 国产激情的老师在线播放 | 欧美三日本三级三级在线播放 | 国产黄色毛片 | 久久精品视频网 | 电影k8一区二区三区久久 | 亚洲不卡免费视频 | 免费黄色在线观看 | 国产羞羞视频在线观看 | 久草成人 | 国产一区二区三区四区五区加勒比 | 日韩另类 | 成人午夜电影在线 | 天天艹逼 | 97久久精品| 91婷婷射 | av日韩在线看 | 丁香在线| 国产精品一区二区在线看 | 亚洲国产精品久久久久 | 国产乱人伦av在线a 久久精品视 | 日韩三级网 | 亚洲国产天堂久久综合 | 色噜噜视频在线观看 | 成人影视网 | 日韩在线观看视频一区二区 | 日韩和欧美的一区二区 | 视频一区二区三区中文字幕 | 日本一区二区精品 | 色婷婷亚洲一区二区三区 | 6080亚洲精品一区二区 | 性视频一区二区 |