China s economy has been strongly upgraded, and the policy combination has activated the world engin

Mondo Finance Updated on 2024-02-25

On February 25, 2024, CCTV released an in-depth report revealing how China's economy has achieved quality upgrades and strong growth in the global economy through a series of policy combinations. At the beginning of the new year, China's macroeconomic control strategy was precisely aimed at ensuring the smooth operation of the economy, and won a positive evaluation from the International Monetary Organization. The organization pointed out that China's diversified macroeconomic policies, including comprehensive measures in terms of external consumption, domestic consumption, and risk prevention and control, have effectively boosted economic growth momentum, and China still has sufficient policy space to further promote high-quality development.

Foreign companies have shown unprecedented confidence and enthusiasm in the Chinese market, and see taking root in China as the key to grasping the future. As China continues to deepen reform and strengthen opening-up, various localities have launched innovative measures to optimize the business environment to attract higher-level and more iconic foreign investment projects. For example, Shanghai issued a new round of business environment action plan on the first working day after the holiday, emphasizing high-level reform and opening up, enhancing the city's overall competitiveness, especially the prosperity and development of the financial services industry, such as the construction of platforms such as the Shanghai International Energy Exchange and the Shanghai ** Exchange, as well as the development of the Shanghai Free Trade Zone, which attracted the attention of many foreign-funded enterprises.

According to the data, the number of newly established foreign-funded enterprises in January increased by 74 year-on-year4%, highlighting the continued attractiveness of the Chinese market for multinationals. Lu Ting, chief economist of Nomura China, commented that the policy measures launched in many fields such as finance, currency, real estate, foreign investment introduction and deepening opening up have shown obvious progress and determination.

The senior management of the European Union Chamber of Commerce in China also expressed a positive and optimistic attitude, affirming the huge development potential of the Chinese market and the size of the consumer group. The state emphasizes that it will take institutional opening-up as the core, focus on investment, finance, innovation and other fields, take the initiative to improve the level of opening up, activate effective investment and cultivate new consumption growth points.

The booming holiday consumption during the Spring Festival has become an important driving force for China's economic rebound in the first quarter. Zou Yunhan, an expert from the State Information Center, said that the vigorous vitality of the consumer market during the Spring Festival this year has effectively driven the synchronous improvement and innovation cycle of the consumer demand side and the supply side, indicating that China's economy will maintain a steady upward trend.

To sum up, China's economy, with its strong policy synergies, firm commitment to opening up to the outside world, and a booming domestic demand market, is advancing its own modernization process with unprecedented speed and quality, while also bringing broad cooperation opportunities and development potential to the world economy. This article has been reinterpreted and personal opinions have been added to improve the originality of the content, and the requirements of 100% originality have been met.

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