What is the basis for the IMF to predict that the GDP growth rate of China will reach 8. 1% in 20021year?
President of the International Monetary Fund: The IMF predicts that China's economy will recover strongly for three main reasons: ① China has effectively curbed the spread of the epidemic; (2) The government's public investment is huge; ③ The central bank provides liquidity. However, the epidemic will continue for some time, so the government needs to continue to provide policy support to ensure strong growth.
The IMF predicts that the global economy will grow by 5.5% in 20021year, but there are still uncertainties.
In the economic development report just updated by the International Monetary Fund, in addition to the prediction of China, there are also predictions and judgments on the world economic situation in 20021year.
The economic forecast of IMF Managing Director: 202 1 depends on many factors, including the supply of vaccines, strong monetary policy and financial policy support. The total amount of financial measures reached 14 trillion US dollars, providing assistance to the world economy; By taking some measures to reduce the risk of the epidemic, including wearing masks and keeping social distance, we can maintain economic operation during the epidemic. But I want to emphasize that there is still great uncertainty in 202 1. Because of the mutated virus, we are still actively developing related vaccines and racing against the virus. At the same time, the economic recovery of various countries is uneven. There are 150 countries or regions whose economies cannot recover to the pre-epidemic level in 2026, and there are 1 10 countries whose economies cannot even recover to the pre-epidemic level in 2022.
The epidemic will bring sequela to the world economic development.
President of the International Monetary Fund: The epidemic will indeed bring sequela to the development of the world economy: the inequality within and between countries will increase. Within the country, we have observed that some industries, such as digital economy, high technology and untouched manufacturing, are recovering rapidly, even better than before the epidemic. However, some industries have been hit hard, such as those that require personal contact. Low-skilled workers, women and young people who enter the workplace are also greatly negatively affected.
How to treat China's role in the process of poverty reduction in the world?
By the end of 2020, China has completed the task of getting rid of poverty. What do you think of this task accomplished by China and what role has China played in the process of poverty reduction in the world? The president gave her opinion.
Managing Director of the International Monetary Fund: First of all, I congratulate China on achieving the goal of getting rid of poverty. Despite the epidemic situation and various difficulties faced by China, it is encouraging that people have the opportunity to improve their lives, and the government pays attention to the needs of vulnerable groups. This is what China showed the world. China continues to provide people with opportunities to receive education and raise their income in an orderly manner, and provides resources to areas that need it most. With its economic strength, China now plays a very important role in the world, providing funds to low-income countries. In this crisis, some countries were heavily in debt before the outbreak, which made them worse. China has helped these countries reduce their debts. Therefore, China can share its experience with other countries. China plays an important role in promoting cooperation and economic development. At the same time, China plays a vital role in paying attention to global challenges such as climate change, which will have the greatest impact on vulnerable groups and further aggravate poverty.
Faced with the unemployment problem caused by the epidemic, the IMF proposed three solutions.
In addition to the impact on poverty reduction worldwide, another impact brought by the epidemic is the impact on unemployment, which worries the world and is also a challenge to the world. So, how to look at this challenge and how to deal with it?
Managing Director of the International Monetary Fund: The increase in unemployment is a problem that we must pay attention to. The most affected groups include low-skilled workers and tourism that requires personal contact. Women are also greatly affected, because many women don't work in fixed units, there are freelancers, and small and micro enterprises can't continue to operate for some reasons. There are three ways to solve the problem: ① providing unemployment benefits to help people make a temporary transition before the epidemic ends; (2) Providing opportunities for training new skills, so that more people can find jobs in booming industries; (3) Further investment in industries that create more employment opportunities, industries that respond to climate change and green development can often provide many employment opportunities, such as afforestation, prevention of land degradation and regional transformation. Through regional transformation, these areas can better resist the impact of climate change such as floods or hurricanes.
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