China’s economic growth boosts global economic growth

China recently released economic data for the first quarter of this year. Some foreigners say that the key data in the first quarter exceeded expectations, indicating that China’s economy is stable and has strong resilience, providing momentum to global economic growth.

German logistics network consultant Stephan Schröder said in an interview with China Media Group reporter that China, as the world’s second largest economy, is very important to global economic development, which is why he pays great attention to Chinese economic data. He said that currently we are facing many challenges including economic transformation, digitization, decarbonization process, sustainable development etc. All parties must work together to find a solution. The “Belt and Road” initiative provides a good platform for building links between different peoples and different places and realizing technology sharing.

At the same time, Tilman Brunner, director of the International Department of the Hannover Chamber of Commerce and Industry, said that the results of high-quality development of China’s economy are continuously coming to the fore, and the high-tech industry, led by innovation, is showing vigorous vitality. With the vigorous development of China’s high-tech sector, German companies continue to adapt their strategies to better adapt to the Chinese market.

On the other hand, according to Paul Miller, vice president and chief analyst of the world-renowned research and consulting firm Forrester Research, the economic data released by China for the first quarter of this year gave a positive signal to the world, which is also favorable for the restoration of the global economy. He said that no matter which country in the world you are in, the products produced, sold, bought and used must contain Chinese components. So China needs to develop for all of us, and we need to develop for China.

(Credits- China Media Group, Beijing)

Read the Latest India News Today on The Eastern Herald.

More

Show your support if you like our work.

Author

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Comments

Editor's Picks

Trending Stories

Washington meeting sells hope as Gaza bleeds again

Tehran — The bombardment of Gaza City intensified on...

EA’s $55 billion go-private hands keys to sovereign money

San Francisco — In a move that rewrites the...

The end of Kidman–Urban: A 19-year love story

Nicole Kidman and Keith Urban have separated after 19...

Malaysia to host historic 47th ASEAN summit with world leaders

KUALA LUMPUR — The corridors of Malaysia’s Putrajaya Convention...

Baltimore Ravens vs Bengals match player stats: who decides November

If you searched for Baltimore Ravens vs Bengals match...

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading