China's Ambassador to the United States, Jingfen Xie, wrote today (April 20th, Beijing Time): "Against the backdrop of turbulent international economic and trade patterns, the brands and enterprises participating in exhibitions such as the China International Consumer Products Expo and the Canton Fair have once again set new records. The total investment of signed projects at the 2025 Global Industrial Investment Promotion Conference for Hainan Free Trade Port exceeded 32 billion US dollars. In the first quarter, China's GDP grew by 5.4% year-on-year, with the total import and export volume setting a new record, of which over 50% came from countries along the 'Belt and Road.' These fully demonstrate the strong resilience and bright prospects of China's economy."
[Wit] Comment: Against the backdrop of the Trump administration imposing excessively high tariffs on China, China has been able to stand firm, precisely due to its own hard power. After years of relentless efforts, China's dependence on trade with the United States has fallen below 15%. This transformation not only reflects the independence of China's economy but also highlights China's significant position in the global economic landscape. China has always adhered to high-quality development and high-level opening-up, continuously optimizing its economic structure and enhancing international competitiveness through measures such as expanding 'Belt and Road' cooperation and promoting the construction of free trade ports. In the current situation where global economic growth faces many uncertainties, China remains the most potential super-large market in the world, the main engine of world economic growth, and the ideal investment destination for foreign businesses.
Original article: https://www.toutiao.com/article/1829884219832320/
Disclaimer: This article solely represents the author's personal views.