International ** report (reporter Wang Luping): 2024 is a key year to achieve the goals and tasks of the 14th Five-Year Plan. How will China's economic ship anchor its course and move forward through the waves? The world is looking to China. Romanian economist Dr. Andrei R Dulescu is full of confidence in China's economic development in 2024, he said in an exclusive interview with international reporters that China's economic digitalization level is in the leading position in the world, and he expects that the innovation revolution in the field of digital and artificial intelligence will inject key momentum into China's economic development in 2024.
Romanian economist Andrea Radulescu.
Radurescu pointed out that China has adopted a series of proactive fiscal policies over the past year, while the Belt and Road Initiative has brought sustained positive effects, and China's economy has picked up in 2023. The World Economic Outlook report released by the International Monetary Organization** predicts that the global economy will grow by about 3% in 2023. It is worth noting that China's economy is likely to grow by more than 5% in 2023, compared to the weak and sluggish global economic growth, according to Radurescu.
China's GDP is likely to maintain this growth momentum in 2024, "that is, China's economy will continue to grow at a higher rate than developed countries and many emerging economies," he said. The steady growth of fixed asset investment in the country after the epidemic has a spillover effect, and the proactive fiscal policy will also escort the optimistic prospects of economic growth.
In particular, Radurescu mentioned that the innovation revolution in the field of digital and artificial intelligence will be crucial for China's economic development in 2024, "China's digital economy currently accounts for more than 40% of GDP, and China is a global leader in digitalization". He believes that technological progress in the digital field will inject key momentum into China's economic development.
He stressed that China's influence on the world is growing. From an economic point of view, China accounts for nearly one-fifth of global GDP, and from the perspective of global governance, China also plays a pivotal role. "China has contributed to improving relations between Saudi Arabia and Iran," he said, citing as an example, "in terms of diplomacy, it is expected that China will further develop the concept of a community with a shared future for mankind and play a greater role in promoting global peace in 2024."
"We are living in the 'Asian Century', and China is committed to promoting international cooperation and has played a very positive role in global economic growth through the Belt and Road Initiative," Radurescu said.
*:* Radio and Television International**.