China'S Expansion Of Domestic Demand Has Benefited From The Whole World.

In the context of the worsening world financial crisis, the Chinese government has recently introduced an economic stimulus package of about 4 trillion yuan to counter the adverse effects of the international economic environment.

The international community has made positive comments on this. It believes that China's bailout plan can stimulate domestic demand and help balance global economic growth and achieve win-win results both inside and outside the country.

Kevin Rudd, Australian Prime Minister, believes that China's economic stimulus plan of about 4 trillion yuan is "extraordinary" not only for China's economy, but also for East Asian economies and the world economy.

David McCormick, vice Treasury Secretary, said the plan is expected to boost domestic demand and bring benefits to other countries.

Bloomberg News reported that China's economic stimulus plan is supporting the growth of the global economy when the United States, Europe and Japan struggle on the brink of recession.

The high opinion of international public opinion is not without cause.

China's economic stimulus package not only focuses on the domestic market, but also has a positive spillover effect on the world economy.

For example, measures such as promoting infrastructure, increasing investment in social services and people's livelihood needs will effectively stimulate domestic consumption demand in China and further increase imports, and play a role in containing the world economic recession.

The Wall Street Journal said that increased domestic demand will prevent a sharp decline in imports of raw materials and goods from the United States, and that international mining, infrastructure materials and equipment suppliers and companies targeting Chinese consumers will benefit from it.

Besides, in the current crisis, opportunities for profitable investment opportunities are scarce, and the steady and rapid development of China's economy will provide better opportunities for global investors.

The data released by the United Nations this year show that China is still the largest country attracting foreign direct investment in developing countries.

China's economic stimulus plan will boost employment through investment and boost the prosperity of the market by increasing the income and consumption level of the residents.

The London financial community believes that China's announcement of a huge investment in infrastructure projects will not only let investors see signs of a better job market in China, but also foresee that China will continue to be a hot spot for investment.

More importantly, the introduction of China's economic stimulus package has boosted people's confidence in the world economy, which is crucial for getting rid of the crisis as soon as possible.

China's economy accounts for 6% of the world's total economy. The future trend of China's economic development will directly affect investor confidence.

The Chinese government's measures are a good medicine to boost global confidence in a crisis environment.

On the day of the Chinese government's stimulus plan, the global stock market responded, which has shown its effect initially.

China's economic stimulus package benefits people from their own interests.

But people should also see that although China's economic aggregate ranks fourth in the world and its foreign exchange reserves have increased in recent years, China is still a developing country with the largest population in the world today. It is not easy to maintain stable and rapid development.

Under the current circumstances, China, as a large developing country with a population of 1 billion 300 million, is able to maintain healthy, sustained and steady economic development, and is the largest contribution to the world.

Japan's "Daily News" 10 front page report said that the Chinese government introduced the ten measures to expand domestic demand, the Chinese government said that "maintaining stable and rapid economic growth is the greatest contribution to the world" this attitude of the specific interpretation.

To cope with the global financial crisis and economic recession, the world needs to work together.

The country of crisis and vulnerable countries should adopt effective and effective measures to rescue the market, strive to stabilize the financial market, enhance market confidence, minimize the impact of the financial crisis on the real economy, take effective measures to ensure the stability of the financial and capital markets, and adopt reasonable macroeconomic policies to maintain economic stability and provide an external buffer for the global solution of the crisis.

Only in this way can we control the impact of the crisis to a minimum and prompt the world economy to enter the recovery track as soon as possible.