
A journalist takes photos at the opening plenary of the 2024 Summer Davos in Dalian, northeast China's Liaoning Province, June 25, 2024. (Xinhua/Lu Yang)
The 2024 Summer Davos has brought to the fore the importance of understanding China's economic realities beyond the anti-China rhetoric from Washington.
BEIJING, June 27 (Xinhua) -- As an important window for the rest of the world to understand China, the 2024 Summer Davos once again brings the vitality and resilience of Chinese economy into the spotlight.
As the world grapples with economic uncertainties and geopolitical shifts, the gathering not only brings cooperation opportunities but also offers insights into China's future economic trajectory.
China's robust economic performance has been a key topic for discussion, not least in light of the "China collapse" narrative emanating from Washington.
This bad-mouthing notwithstanding, China has been demonstrating strong economic growth, effective policy measures, and resilience in the face of global economic challenges.
China's ability to maintain steady economic growth against headwinds has been noteworthy. Data from the National Bureau of Statistics showed that China's GDP grew 5.3 percent year on year in the first quarter of 2024.
China's proactive fiscal policies, coupled with prudent monetary measures, have helped stabilize the economy and stimulate investment. The resilience of the Chinese economy is further evidenced in its robust export performance and the rapid recovery of key industries post-pandemic.
Thanks to China's commitment to a high-quality opening-up policy and the deepening of its reforms, a more balanced and sustainable economic structure is taking shape.
This structure, focusing on boosting domestic consumption, advancing technological prowess, and enhancing industrial capabilities, is set to steer the Chinese economy out of global economic turbulence.

Delegates attend the parallel session "The Opportunity of Managing Energy Demand" during the 2024 Summer Davos at the Dalian International Conference Center in Dalian, northeast China's Liaoning Province, June 25, 2024. (Xinhua/Lu Yang)
This year's forum has also brought together global leaders, industry experts, and influential thinkers to discuss pressing economic challenges and explore innovative solutions. The emphasis on green development and technological innovation highlights China's commitment to sustainable growth and its leadership in the global transition towards a low-carbon economy.
China is now home to more than 400,000 high-tech enterprises and over 100,000 specialized and sophisticated small and medium-sized enterprises, which produce new and unique products.
At this year's forum, many participants express their strong interest in cooperation with China's hi-tech sector, demonstrating global recognition of China's innovation capabilities.
They also have high expectations for China's role in contributing to a more just global economic and technological order. Tanvi Ratna, founder and CEO of the Indian research organization Policy 4.0, told Xinhua that as China becomes more active in artificial intelligence (AI) governance, it will help make AI more equitable.
This year's Summer Davos meeting comes at a critical juncture as the world is still grappling with the growth predicament and the persistent threat of protectionism.
As global economic challenges persist, it only fractures economic interdependencies between regions and aggravates tensions and conflict to pursue narrow self-interests at the expense of others, or resort to regressive measures like decoupling, disrupt supply chains, and erect isolationist barriers.
Such moves risk plunging the world into a destructive cycle where heightened competition for a larger share leads to a diminishing economic pie for all.
Over the past years, China's role in global economic governance has become increasingly prominent. As the world's second-largest economy, China's commitment to win-win cooperation is facilitating sustainable economic growth worldwide.
With development initiatives like the Belt and Road Initiative and multilateral platforms such as the Summer Davos, China is firmly committed to strengthening international economic cooperation, building infrastructure, and promoting technological advancement on a global scale.
The 2024 Summer Davos has brought to the fore the importance of understanding China's economic realities beyond the anti-China rhetoric from Washington. As China continues to develop, it will bring vast opportunities for cooperation, investment and common growth to the rest of the world
西安碑林博物馆14日起局部开放 门票不分淡旺季每人次10元 中新网西安1月12日电(记者 阿琳娜)记者11日从西安碑林博物馆获悉,该馆自1月10日起采用低票价运行模式,并于1月14日起仅对外开放孔庙古建筑群区域。 春节假期中国快递包裹投递量日均同比增82.1% 中新社北京2月18日电 (记者 刘育英)中国国家邮政局监测数据显示,今年春节长假期间(2月10日至17日),中国邮政快递业投递快递包裹6.41亿件,日均投递量与2023年春节假期 春节假期北京接待游客1749.5万人次 旅游市场热度攀升 中新网北京2月18日电 (记者 徐婧)记者17日从北京市文化和旅游局获悉,春节假期(2月10日至17日),北京接待游客1749.5万人次,按可比口径同比增长37.4%,比2019年同 灯会,是中国古老的民俗文化。今年春节各地的灯会体现着传统文化的创新演绎,点亮了国内外多个城市。“中国风”的灯会与海外文化相互交融,广受海外游客喜爱。随着正月十五元宵佳节的脚步渐近,中国 “新年刚过,我已经买好了十一旅游的机票” 中新网北京2月23日电(张钰惠)在年初就买好全年的旅行机票,是一种怎样的体验?近日,三亚、哈尔滨等网红城市的天价返程机票引发关注。为了最大程度上避开高价机票,压缩旅 中新经纬2月22日电 据中国执行信息公开网消息,西王集团有限公司(以下简称“西王集团”)、西王国际贸易(青岛)有限公司、王勇、王棣、王伟2月20日被青岛市中级人民法院执行超3.3亿,案号为(2024)鲁02执383号。 来 。本文链接:Xinhua Commentary: Summer Davos showcases vitality, resilience of Chinese economyhttp://www.sushuapos.com/show-5-19986-0.html
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