China was the first primary economy to record positive economic expansion in 2020, and its gross domestic product is expected to exceed one hundred trillion yuan (almost $14 trillion) by the year, Xi said on national television, speaking from his table on his wooden panels. .
The International Monetary Fund predicted in October that China, the world’s largest economy, would grow to 1. 9% by 2020, a sharp slowdown since its 6. 1% gain in 2019, and then grow to 8. 2% in 2021.
This compares to the IMF’s forecast of an economic contraction of 4. 4% through 2020, the worst drop since the Great Depression of the 1930s.
China has largely halted the internal transmission of the coronavirus, but Xi’s speech came when the government ordered new measures to prevent a resurgence in the coming months.
China is encouraging tens of millions of migrant workers not to return home during lunar New Year holidays in February to prevent the further spread of coronavirus, disrupting the year’s maximum family gathering life circle. Lunar New Year holidays began a week in advance and tourists have been asked not to stop in the capital, Beijing, the holidays.
Xi called for greater foreign cooperation in the fight against the virus, believed to have emerged from Wuhan city in central China in 2019.
“People around the world make joint efforts to ward off the dark clouds of the COVID-19 pandemic at an early date and make planet Earth a bigger house for all mankind,” Xi said.
Mr Xi also praised the progress made in taking some 100 million Chinese out of rural poverty over the more than eight years and “building a society completely rich in all aspects. “
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