Home » A sustainably developing China is good for the world – Observations from the 2024 Annual Meeting of the China Development Forum – Xinhuanet Client

A sustainably developing China is good for the world – Observations from the 2024 Annual Meeting of the China Development Forum – Xinhuanet Client

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Headline: Sustainable Development of China Highlighted at 2024 Annual China Development Forum

The 2024 Annual Meeting of the China Development Forum recently took place in Beijing, focusing on the theme of “Sustainable Development of China.” The forum gathered leaders from international institutions, business community, government officials, and renowned scholars to discuss the potential for sustained economic growth in China and its implications for the global economy.

During the forum, participants emphasized the importance of China’s continued development in injecting vitality into the global economy. Experts and leaders from organizations such as the International Monetary Fund and the Asian Development Bank expressed confidence in China’s growth trajectory, highlighting the country’s significant contribution to global economic growth.

The discussions at the forum also focused on the concept of developing new productive forces in China through scientific and technological innovation. Representatives from multinational companies like Siemens and Bayer lauded China’s emphasis on innovation and technological advancement, recognizing the country as a crucial market for their investment strategies.

Furthermore, the forum underscored China’s commitment to openness and mutually beneficial cooperation with foreign entities. Officials from China’s regulatory bodies outlined plans to expand high-level opening up to the outside world, creating more opportunities for foreign investment in sectors such as telecommunications and genetic diagnostics.

Foreign business leaders attending the forum praised China’s efforts to improve the business environment and promote innovation through openness. Companies like Takeda Pharmaceutical and Rio Tinto highlighted the benefits of investing in China and expressed confidence in the country’s sustainable development goals.

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Overall, the 2024 China Development Forum emphasized the importance of sustainable development in China for the global economy and showcased the country’s commitment to innovation, openness, and cooperation in driving economic growth and fostering international partnerships.

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