China
2023.09.12 18:18 GMT+8

China says its economy remains strong, resilient

Updated 2023.09.12 18:18 GMT+8
CGTN

The Chinese economy remains strong and resilient, with ample potential and vitality, and the fact that the fundamentals sustaining China's sound economic growth in the long run stay unchanged, the Chinese Foreign Ministry said on Tuesday.

The remarks were made by the ministry's spokesperson Mao Ning at a regular press briefing in Beijing, responding to some Western officials' comments of talking down China's economy.

Every now and then, the "China collapse" theory surfaces, but the reality is that China's economy has not collapsed, Mao said.

The world economy has been recovering sluggishly and the external environment has been severe and complex since the beginning of this year, however, China's economy has continued to revive and rebound, she said.

In the first half of the year, China's GDP grew by 5.5 percent year on year, significantly faster than last year's 3 percent. The International Monetary Fund has predicted that China's economy will grow by 5.2 percent this year, contributing one third of the growth of world's economy, making it the main driver for global economic growth, Mao noted.

China will keep advancing high-level opening up, strengthen mutually beneficial cooperation with other countries and share its dividends of development, Mao said, adding China's development will bring more opportunities to its Asian neighbors and the world.

(Cover: A view of the Chinese Foreign Ministry. /CFP)

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