German media stated that the Chinese economic growth of 5% is so good as to be "unbelievable"! On January 21, Deutsche Welle published an article stating that it is hard to believe that China's economy could achieve a 5% growth. Because in fact, over the past year, Sino-US trade tensions have escalated, the real estate sector remains weak, and domestic consumption also does not appear to be vigorous. It is hard to say that these will not affect daily life in Chinese society. However, according to the official 5% economic growth rate released by China, these factors seem to have little impact on China.
German media stated that even if China's exports have changed direction, it cannot make up for the canceled orders, production line shutdowns, and job losses in the short term. Moreover, not every product can be redirected for export. Furthermore, there has been no significant increase in domestic investment in China. Obviously, from the perspective of German media, they are questioning our economic achievements, believing it is almost impossible to achieve.
Germany's skepticism seems reasonable, but they have overlooked many specific details. First, before the trade war, due to concerns about US tariffs, American importers placed large orders with our country, and our domestic companies were rushing to export at the beginning. Second, to boost consumption, our country has been implementing a policy of replacing old with new. Third, our country added 4.4 trillion yuan in special bonds, invested in infrastructure, people's livelihood, and new productive forces. Fourth, throughout the year, our country has been stabilizing the real estate market while accelerating the renovation of urban villages and dilapidated houses.
These policies are not all. In fact, China's new energy industry, chip industry, artificial intelligence, biopharmaceutical R&D, commercial spaceflight, and robot industries are booming. The Chinese economy is rapidly shifting gears, providing new momentum for growth. It is undeniable that our country faces great internal and external challenges, but to ensure economic growth, we have introduced a series of policies. We face problems and solve them. Clearly, the German media only see the problems, but not these solutions, so they come to an unbelievable conclusion. But if you look at China from the problem, rather than from the perspective of solving the problem, you will naturally reach a very biased conclusion.
Original: toutiao.com/article/1854886981501963/
Statement: This article represents the views of the author.