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The World Bank declares China to be the leader of world economic growth
Post on 10/30/2022 | keywords:economic | Hits:348

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In recent years, the momentum of China's economy has been quite strong, and there is no sign that it will shrink even in the event of an epidemic. Recently, Assistant Foreign Minister Hua Chunying sent a picture on Twitter with the inscription "You can always count on China." This piece of content has won many praises in a short time. The picture shows that, according to the information released by the World Bank, between 2013 and 2021, China's average contribution to world economic growth has reached 38.6%, more than 25.7% of the total of the Group of Seven, and the United States only reached 18.6%, less than half of China.

There is no doubt that China has surpassed the United States in its contribution to world economic growth and has successfully become the leader. Over the years, China's contribution rate is not low every year, and it has always been in the forefront. In 2020, China's total foreign trade volume surpassed the United States at one stroke, becoming the world's largest trading country, and successfully maintaining the first position in the world in 2021. In fact, China's international competitiveness has been strengthening, just as the number of Fortune 500 enterprises is also increasing. In 2021, the number of Chinese enterprises on the list has reached 145, ranking first for four consecutive years after surpassing the United States in 2018.

China's influence in the world is expanding, and China is letting the world see and know China through its own channels. China has always attached great importance to its own development, but at the same time, it will not refuse to lead other countries. This has also enabled countries that cooperate with China to make a lot of progress, and at the same time, China has gained more support. Cooperation with China brings tangible benefits. It is not surprising that China can surpass all countries, including the United States, in its contribution rate.

Nowadays, more and more countries hope to have more cooperation with China, because China's history of development is obvious to all, and the changes that China's "Belt and Road" initiative has brought to the world cannot be ignored. In recent years, all countries active in the "Belt and Road" initiative have benefited a lot. Earlier, when the United States withdrew its troops from Afghanistan and the Taliban government took over Afghanistan, it repeatedly expressed its hope for more cooperation opportunities with China and expressed its great interest in joining the "Belt and Road" initiative.

Obviously, in the eyes of many countries, China is a hot potato. It is undoubtedly a good thing to have in-depth and extensive cooperation with China.


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