Steady growth of China's economy helpful to G20 countries: experts

0 Comment(s)Print E-mail Xinhua, June 27, 2019
Adjust font size:

Marcel Smits, chairman of Cargill Asia Pacific, said the U.S. agriculture and food company is confident about maintaining its presence in China.

"We hope to have more customer groups in the country," he said.

Earlier this month, Cargill opened a new protein production plant in the city of Chuzhou in eastern China's Anhui Province, with an investment of around 48.8 million U.S. dollars.

The move follows the company's 112-million-U.S.-dollar investment in April to expand its deep corn production plant in the city of Songyuan in northeast China's Jilin Province.

"Behind the increasing number of foreign-invested projects in China is the steady and sustainable development of its economy," said an economic expert Quan Heng.

The development of China's economy will be of common concern in the upcoming G20 summit in Osaka, Japan next week, according to Quan.

Data from the National Bureau of Statistics (NBS) showed that the Chinese economy stayed resilient in May as the leading growth engine of consumption picked up expansion pace.

May retail sales expanded 8.6 percent year on year, quickening from an increase of 7.2 percent registered in April, notching up 3.2956 trillion yuan (479.7 billion U.S. dollars).

The country is gradually leading the world in the area of economic governance, providing helpful experiences to G20 members, said Wang Yuzhu, an associate researcher at Shanghai Institutes for International Studies.

"In recent years, China has adopted a series of reform measures to promote continuous and steady economic growth through high-quality development," he said.

Though unstable and uncertain factors are on the rise, the long-term upward trend of China's economy has not changed, according to NBS spokesperson Fu Linghui.

Supply-side structural reform and further opening up have contributed to an enhanced risk-resisting capability of China's economy, he added.

With a more open financial market, the net purchase of Chinese bonds by foreign investors has grown for six consecutive months, according to China Central Depository & Cleaning Co., Ltd.

"China's policies and its political and economic environment are stable, and there has never been a default on its national debt, which has attracted more global investors," said Zhou Wenyuan, a researcher with Guotai & Junan Securities.

"Economic governance must be carried out in the context of global economic interdependence. Therefore, China should not only manage its domestic affairs but also take actions to fulfill the responsibilities of the world's second largest economy," Quan said.

According to Zhou Qiujun, a researcher at Shanghai University of Political Science and Law, the experience of China's continuous steady economic development can be regarded as a kind of public goods, which can help G20 countries to increase the anti-risk capability.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 日产国产欧美视频一区精品| 欧美黑人巨大videos在线| 国产成人精品999在线观看| 9999国产精品欧美久久久久久| 成人动漫在线免费观看| 久久亚洲国产精品成人AV秋霞 | 黄无遮挡免费网站视频| 国产精品无码电影在线观看| 99久高清在线观看视频| 女人与大拘交口述| 三上悠亚破解版| 色婷婷久久综合中文久久一本`| 国产欧美在线不卡| 18精品久久久无码午夜福利| 国精品午夜福利视频不卡| 一本大道加勒比久久| 收集最新中文国产中文字幕| 久久成人国产精品| 暖暖免费中国高清在线| 全黄裸片一29分钟免费真人版| 色综合久久中文字幕无码| 国产国产人免费人成免费视频| 国产精品蜜芽在线观看| 国产精品91av| 青青草原亚洲视频| 国产精品电影久久久久电影网| 91香蕉视频污污| 国精品午夜福利视频不卡| 99久久人妻精品免费二区| 天天操天天操天天操| jizzjizz国产精品久久| 妇女自拍偷自拍亚洲精品| 一本到在线观看视频不卡| 成人av免费电影| 三级黄在线播放| 成人亚洲成人影院| 三年片韩国在线观看| 成人午夜看片在线观看| 中国china体内谢o精| 成人免费无码大片A毛片抽搐| 中文字幕国产一区|