{"id":18644,"date":"2021-10-12T15:45:00","date_gmt":"2021-10-12T07:45:00","guid":{"rendered":"https:\/\/www.whatchina.cn\/?p=18644"},"modified":"2021-10-12T15:53:17","modified_gmt":"2021-10-12T07:53:17","slug":"who-underestimate-chinas-economy-fail","status":"publish","type":"post","link":"https:\/\/www.whatchina.cn\/who-underestimate-chinas-economy-fail.html","title":{"rendered":"Why Do Those Who Underestimate China&#8217;s Economy Frequently &#8220;Fail&#8221;"},"content":{"rendered":"<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n<p><img decoding=\"async\" class=\"size-full wp-image-18645 aligncenter\" src=\"https:\/\/www.whatchina.cn\/wp-content\/uploads\/2021\/10\/Why-Do-Those-Who-Underestimate-Chinas-Economy-Frequently-Fail.jpg\" alt=\"Why Do Those Who Underestimate China's Economy Frequently &quot;Fail&quot;\" width=\"640\" height=\"400\" srcset=\"https:\/\/www.whatchina.cn\/wp-content\/uploads\/2021\/10\/Why-Do-Those-Who-Underestimate-Chinas-Economy-Frequently-Fail.jpg 640w, https:\/\/www.whatchina.cn\/wp-content\/uploads\/2021\/10\/Why-Do-Those-Who-Underestimate-Chinas-Economy-Frequently-Fail-300x188.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>The US media recently reported that some well-known Wall Street investment institutions said that China&#8217;s investment prospects are &#8220;more optimistic than ever.&#8221; These Wall Street institutions believe that the Chinese market is \u201ctoo big to ignore\u201d and that the Chinese stock market is \u201ctoo low to be missed\u201d. How to understand the <a title=\"China\u2019s Digital Economy Accounts For More Than 36% Of GDP\" href=\"https:\/\/www.whatchina.cn\/chinas-digital-economy-accounts-for-more-than-36-of-gdp.html\">Chinese economy<\/a> and accurately study and judge the Chinese economy is a question of great concern to the global economic and political circles.<br \/>\nLooking back on the process of China&#8217;s economic take-off, it is not difficult to find that the murmur of bad news about China has never ceased. However, China&#8217;s economy has continued to improve, and its development achievements have attracted worldwide attention. Those who are &#8220;bearish&#8221; on China have been repeatedly &#8220;faced&#8221; by the actual performance of China&#8217;s economy. Facts have proved that China has its own effective methods and experience in terms of economic development. If Western economics and political circles do not get rid of outdated thinking and arrogance and prejudice, it will be difficult to understand the Chinese economy.<br \/>\nTo promote economic development, China has both strategic determination and good at adapting to changes. This year is the first year of the &#8220;<a href=\"https:\/\/cset.georgetown.edu\/publication\/china-14th-five-year-plan\/\" target=\"_blank\" rel=\"nofollow noopener\">14th Five-Year Plan<\/a>&#8221; and also the beginning of the second centenary goal. Faced with the risks and challenges brought about by the century of changes and the epidemic situation in the century, China has maintained the continuity, stability, and stability of its macroeconomic policies. Sustainability, accurate recognition of change, scientific response, active pursuit of change, based on the new development stage, implement the new development concept, build a new development pattern, and promote high-quality development. China became the only major economy in the world that achieved positive growth last year. The economy grew by 12.7% in the first half of this year, demonstrating strong resilience and injecting momentum and confidence into the global economic recovery. Sai Chong, chairman of the Cambodian Senate, believes that China&#8217;s acceleration of the construction of a new development pattern will promote China&#8217;s further acceleration of the pace of development, and will play an important role in achieving more sustainable and resilient development of the Chinese economy.<br \/>\nTo promote economic development, China has both policy tools and innovative vitality. In order to generate new development momentum, China continues to enhance its technological innovation capabilities, deepen &#8220;delegation of management and service&#8221; to promote enterprise entrepreneurial innovation, continue to complete the &#8220;three eliminations, one reduction and one supplement&#8221; to optimize and stabilize the industrial chain supply chain, and take multiple measures to promote the real economy through innovation. High-quality development. In order to stimulate new development vitality, China has deepened cooperation in poverty alleviation between the east and the west, comprehensively promoted rural revitalization, fully implemented the negative list for market access, implemented the three-year reform of state-owned enterprises, and steadily advanced the deployment of the registration system reform, and continued to push the reform to a deeper level. In order to create new advantages in international cooperation and competition, China has simultaneously implemented the &#8220;Regulations on Optimizing the Business Environment&#8221; and the Foreign Investment Law, continued to reduce the negative list of market access and foreign investment access, and promoted the opening of the financial industry in an orderly manner. Recruiting practical strategies demonstrates determination and determination, and has won high international recognition. Singapore&#8217;s &#8220;Lianhe Zaobao&#8221; commented that China puts its main energy on hard training. &#8220;This is not only the correct choice for China, but also a source of strength for China to continue to resist pressure.&#8221;<br \/>\nTo promote economic development, China has both the sincerity of cooperation and the reality of win-win results. China has always placed its own development in the coordinate system of human development, has always combined the interests of the Chinese people with the common interests of the people of all countries, and promoted the common development of itself and other countries in the world. Facing the trend of anti-globalization, China unswervingly pursues a mutually beneficial and win-win opening strategy and promotes the construction of an open world economy. The Canton Fair, the Service and Trade Fair, the China International Import Expo and the Consumer Fair have become new platforms for sharing opportunities with the world. The China-Africa Cooperation Forum and the China-Arab The road of innovation, the road of health, and the road of green strung the development dreams of the countries along the route. China uses practical actions to create and share opportunities with the world, expand the convergence of interests, and draw the largest concentric circles. Globally, many people of insight are deeply aware that the vigorous development of China&#8217;s economy has positive significance for the global economy, and voices such as &#8220;decoupling theory&#8221; and &#8220;China threat theory&#8221; are unpopular.<br \/>\nThe green hills can&#8217;t cover it, after all, it flows eastward. Some American media sighed: &#8220;China has always ignored bearish forecasts and maintained strong economic growth.&#8221; Behind this, it is reflected that the &#8220;bearish&#8221; China argument has become less and less marketable. Those who are obsessed with this, their so-called forecasts are doomed. &#8220;Failed&#8221;.<\/p>\n<div class=\"37c28470d9d6d3cb9ff74e663adb766a\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3594734025006597\"\r\n     crossorigin=\"anonymous\"><\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The US media recently reported that some well-known Wall Street investment institutions said that China&#8217;s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":18645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[272],"tags":[2011,2012],"class_list":["post-18644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today","tag-chinas-economy","tag-chinese-economy"],"_links":{"self":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/18644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/comments?post=18644"}],"version-history":[{"count":0,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/posts\/18644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media\/18645"}],"wp:attachment":[{"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/media?parent=18644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/categories?post=18644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.whatchina.cn\/wp-json\/wp\/v2\/tags?post=18644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}