Q "** Spokesperson's Office" news, at the regular press conference on December 6, a Reuters reporter asked: Moody's Ratings issued a downgrade warning on China's credit rating on Tuesday, and said that it expects China's economic growth to slow down in the next decade. How can China alleviate the concerns of foreign investors so that they can invest in China with confidence?
A Wang Wenbin: China's Ministry of Finance has responded to this and you can check it out. I would like to stress that since the beginning of this year, China's macro economy has continued to recover, high-quality development has been steadily promoted, and new drivers of China's economic growth are playing a role. China has the ability to continue to deepen reforms and respond to risks and challenges.
Recently, a number of international institutions have intensively raised their forecasts for China's economic growth this year, optimistic about the strong endogenous momentum, resilience and development potential of China's economy. The International Monetary Organization (IMO) and the Organisation for Economic Co-operation and Development (OECD) have raised their forecasts for China's economic growth this year to2%。
The fundamentals of China's long-term economic growth have not and will not change, and we have the confidence and ability to achieve long-term stable development. Moody's concerns about China's economic growth prospects and fiscal sustainability are unwarranted.
As friends in the business community have said, China has become synonymous with the best investment destination, and the next "China" is still China. We welcome friends from the business community of all countries to continue to invest in China and deepen their cultivation in China.