Economic Daily: The stability of the Chinese economy is a globally scarce resource

The Economic Daily article points out that the United Nations recently lowered its global growth forecast for this year. At the same time, international institutions such as JP Morgan and Goldman Sachs have raised their growth expectations for the Chinese economy. The stability and resilience of the Chinese economy are becoming a key force in stabilizing the global economy and contributing scarce resources to global growth. The increased external shocks in April provide an important window for observing the resilience of the Chinese economy. It has been proven that the Chinese economy has faced challenges head-on, maintaining steady growth and demonstrating strong resilience and international competitiveness. In April, China's total goods import and export volume grew by 5.6%, with exports increasing by 9.3%; in the first four months, the total goods import and export volume grew by 2.4%, accelerating by 1.1 percentage points compared to the first quarter. These data indicate that the Chinese economy has maintained relatively stable growth momentum in a complex environment, and this stability itself is an important global public good that helps hedge against global market uncertainties