China's Economy Will Revive Next Year

The Wall Street Journal of the United States reported that since December, the government of Zhejiang Province of China has taken the lead in organizing business delegations to France and Germany. Jiangsu Province and Sichuan Province also organized overseas investment promotion activities recently. In addition, Chinese government officials also held offline meetings with leaders of international institutions such as the International Monetary Fund, the World Bank and the World Trade Organization to discuss China's development and global debt. This series of actions shows that Chinese governments at all levels are expressing a more friendly attitude towards the business community. The International Business News Website also reported that Hefei organized an economic and trade delegation to South Korea to carry out investment promotion activities, marking the first time for Anhui Province to go abroad for investment promotion in three years. It is understood that this activity has received strong support from the local government.

Given that China's next priority is the economy, Bloomberg said that some economists believed that these signals were obvious - the focus next year is to boost GDP and promote economic development.

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