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In Turkish eyes, China's economy seems a good bet

China Daily Global | Updated: 2023-02-06 09:58
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ISTANBUL — The Chinese economy is expected to grow further this year thanks to policies of the Communist Party of China, Turkish experts said.

Selcuk Colakoglu, director of the Turkish Center for Asia-Pacific Studies in Ankara, told Xinhua News Agency in a recent interview that China's economy has entered a period of solid recovery, especially after the optimization of COVID-19 measures at the beginning of this year.

Colakoglu said so many Chinese people traveled within China and abroad during the Spring Festival that it caused a boom in almost all sectors, most notably in transportation and tourism.

This will grow even further after the holiday season when both Chinese and international business people are expected to travel for business purposes.

"All these activities will bring more positive circulations in the business world, and there will be more positive developments for Chinese sectors," he said.

Colakoglu praised the Chinese government's determination to increase factory productivity and to make China's industry and supply chains more resilient and safe with qualified Chinese talent within the framework of its high-quality growth.

"Chinese human resources are on the rise and China has a more qualified labor force," he said. "So, all these plans for achieving high-quality development are underway."

Baris Doster, an academic at Marmara University in Istanbul, said China will continue to be the engine of the world economy through the CPC's correct targets and policies.

"Stable, healthy and sustainable growth and a development in harmony with the environment and nature stand out among the goals of the CPC," Doster told Xinhua in an interview.

China's economic achievements last year proved that the government's policies have been bearing fruits despite the pandemic.

"In other words, it (all these positive signs about China's economy) shows that the goals of the CPC are met," he said.

Despite pandemic-induced setbacks, China's economy grew 3 percent year-on-year to a record high of 121 trillion yuan (about $18 trillion) last year, with the increment standing at 6.1 trillion yuan, equivalent to the economic aggregate of a medium-sized country.


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