Chinese economy still has lots of potential

Last year, international observers accused China of spreading global inflation and deflation, and causing economic collapse. In reality, the Chinese economy has achieved a soft rebound despite the dire global economic landscape.

As global business and political leaders swarmed to the World Economic Forum in Davos, Switzerland, Premier Li Qiang took the podium to tell the world that the Chinese economy rebounded and moved upward in 2023. The Chinese economy, in fact, grew by about 5.2 percent last year — at a slightly higher rate than the official target of "around 5 percent".

And, as Li said, no matter how the global situation changes, China will adhere to its fundamental policy of opening-up, and keep opening its door wider and wider.