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China's optimized COVID response to benefit global economic recovery

Xinhua   2023-01-18 19:20:26


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TravelersareseenattheterminalofShenzhenBaoanInternationalAirportonJan12,2023.[Photo/VCG]

BEIJING-Astheoverallepidemiologicalsituationimprovesandlifeandworkcomebacktonormalatafasterpace,China"seconomicandsocialvitalityanddevelopmentpotentialwillbefullyunleashed,whichwillinjectmoreconfidenceandstrengthintotheglobaleconomicrecovery,ForeignMinistryspokesmanWangWenbinsaidonTuesday.

HiscommentcameastheOrganizationforEconomicCooperationandDevelopment(OECD)Secretary-GeneralMathiasCormannsaidonMondaythathecertainlyverymuchwelcomestheeasingofCOVID-relatedrestrictionsinChina,whichisverymuchpositiveintermsofmakingsurethatthesupplychainsfunctionmoreefficientlyandmoreeffectivelyandwillhelpbringinflationdown.

"Wehavenotedrelevantreports.Wehavealsoseenthatlately,moreandmoreprofessionalinternationalinstitutionshavesaidthatChina"sadaptingofCOVIDresponsewillprovetobeaboonfortheworldeconomy,"Wangsaidataregularnewsbriefing.

BorgeBrende,PresidentoftheWorldEconomicForum,saidinrecentdaysthatChina"soptimizationofCOVID-19responsewillleadtostrongerandmoreprosperousgrowthandcontributetoglobalgrowth.

TheInternationalMonetaryFund(IMF)notedthatChinawillachievestableeconomicgrowthin2023andbecomethelargestpositivefactoroftheworldeconomy.

MultipleinternationalinvestmentbanksandfinancialinstitutionsincludingMorganStanley,GoldmanSachs,HSBC,BarclaysandNatixishavereviseduptheirforecastforChina"seconomicgrowthratein2023.

"TheChinesegovernmenthastakentheinitiativetoadaptitsCOVIDresponsemeasuresinlightofthelatestsituation.Thisisarightstepineffectivelycoordinatingepidemicresponseandsocioeconomicdevelopment,"hesaid.

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