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Ambassador Zheng Zeguang: China Leads the World in Pandemic Response and Economic Recovery
2022-01-20 05:20

At the CCCUK Annual Online Conference & Celebration of the 20th Anniversary of CCCUK on January 19, Ambassador Zheng Zeguang delivered a keynote speech entitled Grasp the Megatrends and Strive Forward in Cooperation, in which he stressed that China led the world in economic recovery and pandemic response and made new achievements in high-quality development over the past year. 

Ambassador Zheng noted that over the past year, China managed to coordinate, in a scientific way, measures to prevent and control the pandemic with efforts to promote economic and social development, achieving remarkable results. ““We effectively prevented the rebound and spread of Covid-19 variants. The infection rate and fatality rate in China were among the lowest in the world. The life and health of over 1.4 billion Chinese people were well protected.” 

Ambassador Zheng pointed out that after taking the lead in resuming economic activities, China maintained the momentum of steady economic recovery. Its GDP for 2021 exceeded 110 trillion RMB yuan, which is an increase of 8.1% from the level of 2020 and an average of 5.1% for the past two years. The increment in 2021 alone is about the size of the world’s sixth largest economy. Per capita GDP reached 12,500 US dollars, exceeding the world average for the first time. Also for the first time, China’s annual import and export exceeded 6 trillion US dollars, and paid-in FDI totaled 170 billion US dollars, hitting a new record. In the meanwhile, over 12 million new jobs were created, and CPI remained very low, increasing by 0.9% year-on-year.

The past year also witnessed China’s fast-growing strategic scientific and technological strength, more resilient industrial chains, effective safeguards for people’s wellbeing and continued progress in ecological conservation.


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