China Remains Key Driver of Global Economic Growth
China continues to be a significant economic growth stabilizer and global engine, and it has the potential to achieve even bigger feats in the years to come.
Many favorable conditions still exist for China's development, according to Sun Yeli. "The fundamentals for the Chinese economy's long-term positive growth are constant," he added. "The Chinese economy boasts remarkable resilience, enormous potential, and powerful vitality."
When asked how China's restrictions on uncontrolled capital growth have affected the confidence of domestic and international investors, Sun responded that the private sector is a crucial economic pillar for maintaining and advancing socialism with Chinese characteristics. He asserted that the Party must unite and rely on the private sector's entrepreneurs as a significant force to maintain long-term power.
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