Summary: Boosting the "Key Driving Force" of the Global Economy —— World Economic Forum hotly discusses China’s optimization and adjustment of epidemic prevention policies.

  Xinhua News Agency, Davos, Switzerland, January 17th Summary: Boosting the "key driving force" of the global economy — — World Economic Forum discusses China’s optimization and adjustment of epidemic prevention policy.

  Xinhua News Agency reporter Chen Binjie Chen Junxia

  During the 2023 annual meeting of the World Economic Forum held in the Swiss town of Davos, China’s optimization and adjustment of epidemic prevention policies became the "hot words" of many high-level meetings. A number of economists and heads of institutions attending the annual meeting said that China has continuously optimized and adjusted its epidemic prevention policies according to the current situation, which will not only further enhance its own economic growth expectations, but also strongly boost global growth confidence.

  Shi Meilun, chairman of the Hong Kong Stock Exchange, said that after optimizing and adjusting the epidemic prevention policy in China, consumer demand will be released and the manufacturing industry will resume prosperity, which will become a "key driving force" for global economic growth.

  She believes that in the new year, it may be inevitable that some economies will fall into recession, but emerging Asian economies such as China, Indian and Indonesian will perform brilliantly, and the share of Asian economy in the world is expected to further increase.

  A scene of Yangpu International Container Terminal in Hainan (photo taken on November 5, 2022, photo of drone). (Photo by Xinhua News Agency reporter Pu Xiaoxu)

  Axel Lyman, chairman of Credit Suisse, said that the world is developing towards multipolarization, and different countries and regions face different economic pressures. Both the United States and Europe are facing recession pressure, and China’s economic performance deserves attention. From the experience of other countries and regions, the economic growth rate after optimizing and adjusting the epidemic prevention policy will be higher than the forecast level.

  Lyman said that China has good economic fundamentals and great growth potential, and its actual performance is likely to be better than the forecast level.

  Douglas Peterson, president and CEO of Standard & Poor’s Global, said that in the first half of this year, there may be a "moderate recession" in the United States, the European Union and the United Kingdom, and strong growth in Asia will benefit the global economic recovery. Among them, with the release of China’s consumer demand, China’s economy is expected to see strong growth later this year.

  This is the logo of the World Economic Forum filmed in Davos on January 15th. (Xinhua News Agency reporter Lian Yushe)

  Ou Guansheng, CEO of HKEx Group, called China’s optimization and adjustment of epidemic prevention policies "the most active catalyst in the global market in 2023". He noted that at the beginning of the new year, the international investment in cooperation projects in China increased significantly. In addition, the savings rate of China residents has increased significantly in the past two years, which means great consumption potential.

  Coleman, Secretary-General of the Organization for Economic Cooperation and Development, said that China’s optimization and adjustment of epidemic prevention policies will help ease the global inflationary pressure.