In the summer in Davos, new opportunities for the Chinese economy were discussed – 2024-06-27 12:33:47

/ world today news/ From June 25 to 27, the Davos Summer Forum was held in Dalian, attended by more than 1,700 representatives of politics, business and academia from more than 100 countries. Many praised China’s economic recovery, whose market continues to attract companies from all over the world.

As engines of global growth, China and other emerging markets play an important role in the global economic landscape. One of the main topics discussed in the forum was how countries can overcome difficulties and take advantage of economic development opportunities. China put forward a four-point initiative calling for deepening scientific and technological exchange and cooperation, establishing an ecological development base, maintaining an open market environment and promoting inclusive development.

To achieve economic growth, in addition to a good concept of development, real action is needed. «China has a huge market», «China continues to expand and open up at high levels», «China has advantages in industrial system, talent and innovation» are words often heard in business circles. During the forum, numerous participants highlighted that China’s economic growth has opened up a new world for its development and created lasting momentum for the global economy.

The World Economic Forum recently unveiled the latest batch of 153 «lighthouse factories», including 62 Chinese, operating in photovoltaics, electric cars and other high-tech sectors. This makes China the country with the largest number of such factories in the world. At the same time, from January to May this year, 21,764 new enterprises with foreign investment were created in the country, which is 17.4% more than the previous year. Furthermore, several international organizations and institutions have recently raised their expectations on China’s economic growth.

All this reflects the world community’s confidence in China’s economic development prospects.

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