Promote steady recovery and growth of the global economy.

  The Fifth Plenary Session of the 19th CPC Central Committee proposed to speed up the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other. Domestic and foreign enterprises and international personages interviewed by this reporter believe that China, as the second largest economy in the world and the only major economy in the world that has achieved positive economic growth this year, actively building a new development pattern and promoting reform and opening up at a higher starting point will promote the steady recovery and growth of the global economy.

  "Further enhance the resilience and vitality of China’s economy"

  In recent years, China’s economy has been transformed into a big domestic cycle. The ratio of current account surplus to GDP has dropped from 9.9% in 2007 to less than 1% now, and the contribution rate of domestic demand to economic growth has exceeded 100% in seven years. In the coming period, the characteristics of China’s domestic market leading the national economic cycle will be more obvious, and the domestic demand potential of economic growth will be continuously released.

  On the pencil production line of Longhui Stationery Co., Ltd. in Matou Town Industrial Park, jin an district, Lu ‘an City, Anhui Province, a series of processes are orderly, such as planing rod, rubber core, painting, printing and packaging. The company has an annual output of more than 300 million pencils, which are exported to more than 20 countries in Southeast Asia, Europe and America. Affected by the epidemic, the company’s export orders fell by about 30% in the first half of this year. Zhu Xingjia, the person in charge of the company, introduced that with the assistance of the local government, the company vigorously explored the domestic market and created a new brand "Liuzhou" pencil. At present, domestic sales have accounted for 40% of the company’s total sales, making up for the gap in the decline in export orders, and the output has been improved.

  In Tonghai County, Yuxi City, the largest vegetable production base in Yunnan Province, Yunnan Huantai Import and Export Co., Ltd. actively uses e-commerce platform to expand the domestic market and find new growth points when foreign trade is facing difficulties. "We imported Vietnamese mangoes, Thai mangosteen, durian, longan, etc. and sold them to the domestic market. The benefits are very good." Kong Xiangping, general manager of the company, said that the company is planning to shift to intensive processing of vegetable products, and has attracted 1 million US dollars of foreign investment, which will be used to purchase equipment and rebuild processing workshops. "Make good use of the domestic and foreign markets, and we are full of confidence in the future development."

  Vincent, honorary vice president of Belgian Zeebrugge Port Authority, said that the share of China’s consumer market in the global consumer market is growing day by day, and generate, a high-end consumer market, has strong purchasing power. China will actively build a new development pattern and cultivate a more mature consumer market, which will stimulate greater consumption potential. "The rapid development of e-commerce in China and the upgrading of domestic consumption promote the growth of cross-border business, providing a broader market for foreign enterprises and bringing great development opportunities to the world economy."

  "Giving full play to the potential of domestic demand and better connecting the domestic market with the international market will further enhance the resilience and vitality of China’s economy." Enrique Fanjul, a former Spanish embassy in business counselor, said that the growing middle-income groups in China will further promote consumption upgrading and inject more impetus into economic development.

  "Opened a more open door for foreign investors"

  The new development pattern is by no means a closed domestic cycle, but an open domestic and international dual cycle. China’s position in the world economy will continue to rise, its ties with the world economy will be closer, and its market opportunities for other countries will be broader, making it a huge gravitational field for attracting international commodities and factor resources.

  Multinational companies have said that they will continue to be optimistic about the China market, and their long-term business development strategy in China has not changed. According to the statistics of the Ministry of Commerce of China, from January to July this year, 18,838 foreign enterprises were newly established in China. From January to November, China actually used 899.38 billion yuan of foreign capital, a year-on-year increase of 6.3%.

  Many multinational companies continue to increase their investment in China, and some large projects continue to land. Uniqlo, a world-renowned clothing brand, recently opened 19 new stores in 18 cities in China, accelerating its entry into the second, third and fourth tier cities in China; German pharmaceutical company Boehringer Ingelheim launched the Innovation Cooperation Center in Shanghai, saying that it will increase its capital in China by 450 million euros in the next five years; NEC invested 100 billion yen to build a new factory in China … … "The accelerated deployment of foreign companies in China shows that foreign investors have confidence in the China market. China is still a hot spot for global investment. " Vincent said.

  "As GM’s largest market and global innovation center, China market is the key to realize the company’s vision." Mary Bola, Chairman and CEO of General Motors, said that GM sold 1.466 million vehicles worldwide in the second quarter, of which 713,600 vehicles were sold in China, accounting for more than 48% of the total global sales. "The China market is of strategic significance to GM, and we will continue to increase investment in technology and other fields in the future." Bai Li, global executive vice president of GM and president of GM China, said.

  Axel Goethals, director of the Institute of Asian Affairs of the European Union, said that speeding up the construction of a new development pattern with the domestic macro-cycle as the main body and the domestic and international dual-cycle promoting each other is an important measure for China to further reform and open up, "opening the door for foreign investors, creating more opportunities and promoting the high-quality development of an open world economy".

  "Based on the new stage of development, China has accelerated the construction of a new development pattern and adapted to the new changes in the international situation, which is of great significance to the economic development of China and the world." Professor Akiguchi Yosuke of the Department of Economics at Teijing University said that China’s continuous opening-up to the outside world, by improving the business environment and expanding foreign capital market access, will promote the mutual promotion of foreign trade and domestic market, which will bring more impetus and opportunities for the development of the world economy.

  "Enterprises from all countries will enjoy more China development dividends."

  Since the beginning of this year, the foreign investment law and its implementing regulations have been fully implemented, and the negative list of foreign investment access has been further reduced; Release and implementation of the overall plan for the expansion of the pilot free trade zone and the construction of Hainan free trade port … … A series of concrete measures have fully proved that the open door of China will not be closed, but will only grow wider and wider.

  "In recent years, our cooperation with our partners in China has been very smooth, and the company has developed faster and faster." Zhu Lewen, manager of Thailand ZFB Import and Export Company, said: "With the further expansion of China’s opening to the outside world, we are full of confidence in China’s market prospects."

  "The business environment in China is becoming more and more transparent and fair, and enterprises from all countries will enjoy more China development dividends." Vincent said that the epidemic has dealt a blow to the global shipping industry, and the shipping trade between China and Zeebrugge Port has not been interrupted. "China is a staunch supporter of economic globalization and free trade. As China accelerates the construction of a new development pattern, China will lead the recovery and development of the world economy."

  Goethals said that in recent years, the business environment in China has been increasingly optimized, and the supply chain of the industrial chain has been moving towards the high end. The continuous upgrading of China’s consumer market and the increasing demand for high-quality products from other countries will provide important impetus for the recovery and development of the world economy.

  "For Japanese companies, there are diverse and huge business opportunities in the China market." Keiyuki Sekou, research director of Canon Global Strategy Institute, said that Toyota, Matsushita Electric and Hitachi are expanding their business in China. I hope that Japanese business leaders will visit China more often, experience the rapidly developing China market for themselves, and formulate appropriate development strategies, which will surely reap more dividends.

  Fanjul said that China is a staunch defender and active practitioner of multilateralism and believes that China will bring more opportunities for world economic recovery and development in the post-epidemic era.

  (Beijing, Brussels, Madrid and Tokyo, December 29th, by reporters Gong Ming, Han Xiaoming, Yang Yi, Fang Yingxin, jiang bo and Liu Junguo)