In a significant show of support, the heads of ten leading international economic organizations expressed their confidence in China’s economic prospects during the “1+10” dialogue held on Monday morning in Beijing.
According to Liao Min, vice minister of finance, the attending representatives commended China’s efforts in bolstering economic growth and promoting structural adjustments. They believe the Chinese government can reinforce market confidence and achieve stable and sustainable economic growth.
The representatives highlighted that the transformation of the Chinese economy not only benefits China but also has positive implications for the global economy. They stressed the importance of China ensuring the resilience of its domestic economy to continue contributing to global stability.
“The contribution rate of the Chinese economy to the world economy has been consistently around 30 percent for over a decade,” said Liao. “China will continue to inject more certainty and predictability into the global economy through its own stable development.”
The “1+10” dialogue brought together prominent figures such as New Development Bank President Dilma Rousseff, World Bank President Ajay Banga, International Monetary Fund Managing Director Kristalina Georgieva, World Trade Organization Director-General Ngozi Okonjo-Iweala, and UN Trade and Development Secretary-General Rebeca Grynspan.
Their collective confidence in China’s economy underscores the country’s pivotal role in the global economic landscape and signals continued collaboration between China and international economic bodies.
Reference(s):
Heads of intl organizations confident in China's economy: official
cgtn.com
