The Chinese economy shows strong toughness -Gu Qingyang, an associate professor at the School of Public Policy, the National University of Singapore,

Xinhua News Agency, Singapore, July 20th. Interview: China's economy shows strong toughness -Gu Qingyang, an associate professor of the School of Public Policy, Singapore National University

Xinhua News Agency reporter Cai Shuya

Gu Qingyang, an associate professor of the School of Public Policy of the National University of Singapore, said in an exclusive interview with Xinhua News Agency that since this year, in the face of a complex international environment and domestic epidemic, China has better coordinated the social and economic development and epidemic prevention and control, and the industrial chain supply chain has steadily stable Restore, the Chinese economy shows strong vitality and toughness.

Gu Qingyang said that China stands for heavy pressure, from the forward -looking performance of central decision -making, to the effectiveness of the implementation of local governments, and then to the active cooperation of enterprises and the public, showing strong mobilization ability and social cohesion, helping to coordinate social and economic development and and Prevention and control of the epidemic.

Gu Qingyang believes that China not only implements active fiscal policies and stable monetary policies, but also emphasizes accuracy, focusing on the policy -side structural reform, special support for small, medium and micro enterprises, and stable employment. With the acceleration of stable economic policies, China is committed to opening up the supply chain industry chain blocking point, and has made many arrangements in promoting the smooth flow of logistics, promoting resumption of work, re -production, and helping enterprises.

According to data released by the National Bureau of Statistics of China on the 15th, China's GDP in the first half of the year increased by 2.5%year -on -year. Although the economic growth rate slowed down in the second quarter, it also achieved positive growth.

Gu Qingyang believes that after the main economic indicators fell in April, the effect of resumption and production since May since May, and the data in June has risen significantly.

Regarding attracting foreign capital, Gu Qingyang said that under the conservative expectations of global investment, the actual amount of foreign capital in China in the first five months of this year increased by 17.3%year -on -year, better than last year and the previous year, reflecting foreign investors optimistic about China.

Gu Qingyang believes that China's economy is large, the industry is complete, and the open policies and business environment have continued to improve, just like strong magnets attract international investors. China's economic growth is not only conducive to itself, but also helps global development.

【Edit: Chen Haifeng】

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