Economic Daily: The stability of China's economy is a scarce resource in the world.
An article in the Economic Daily pointed out that the United Nations recently lowered its global growth forecast for this year, while international institutions such as JPMorgan Chase and Goldman Sachs have raised their growth forecasts for the Chinese economy. The stability and resilience of the Chinese economy have become a key force in stabilizing the global economy, contributing scarce resources to global growth. The increase in external shocks in April is an important window to observe the resilience of the Chinese economy. The facts have proven that the Chinese economy has faced challenges head-on, maintaining steady growth, demonstrating strong resilience and international competitiveness. In April, China's total import and export of goods grew by 5.6%, with exports increasing by 9.3%; in the first four months, China's total import and export of goods grew by 2.4%, accelerating by 1.1 percentage points compared to the first quarter. These data indicate that the Chinese economy has maintained a relatively stable growth momentum in a complex environment, and this stability itself is an important global public good that helps hedge global market uncertainties.
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