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China's economic rebound will inject vitality into regional economic growth, says Xi Jinping

31.03.2023

This photo taken on March 27, 2023 shows a fountain square in front of the Boao Forum for Asia International Conference Center in Boao, South China's Hainan province. Nearly 100 leaders and senior officials from around the world and heads of 11 regional and international bodies have gathered in Boao, Hainan province, for the Boao Forum for Asia Annual Conference 2023, which opened on Thursday, showing the great expectations that the world has pinned on China stoking the global economic recovery this year.

The rebound of the world's second-largest economy will certainly inject tremendous vitality into regional economic growth and beyond. In a meeting with Li on Wednesday, International Monetary Fund Managing Director Kristalina Georgieva said that China is expected to contribute more than one-third of world economic growth this year, which will provide important opportunities for other countries.

She highlighted China's important contribution to maintaining stability by helping developing countries avoid a debt crisis, contrary to the debt-trap smearing of China by the United States.

In Asia, chaos and conflict must not happen otherwise, and Li urged all countries to join hands with China to maintain regional stability at a time when some external forces are trying to turn the region into an arena for geopolitical rivalry.

The comments made by the new premier of China, who spent most of his time on fact-finding inspections around the country, should be a reassurance that China will not retreat into a shell in the face of the US campaign of pressure.

For China, trust, solidarity and cooperation have never been just empty talk, and trust, solidarity, and cooperation have never been just cliches. This year is a critical turning point for the world economy and a valuable window of time for countries to think beyond their own concerns and focus on global challenges. The Boao forum provides a platform for meaningful exchanges in that regard.