Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

My Favorite China's Brands
Economy

Interview: China's GDP growth shows great economic potential, says Uzbek expert

July 20, 2020


Abstract : China's 3.2 percent growth in gross domestic product (GDP) in the second quarter of this year amid the COVID-19 pandemic shows the great potential of the Chinese economy, an Uzbek expert said Saturday.

TASHKENT, July 19 (Xinhua) --China's 3.2 percent growth in gross domestic product (GDP) in the second quarter of this year amid the COVID-19 pandemic shows the great potential of the Chinese economy, an Uzbek expert said Saturday.

"Thanks to the far-sighted policy of the country's leadership, China's economy has returned to growth in the second quarter of 2020 after a historic decline," Khasan Abulkosimov, professor at the National University of Uzbekistan, told Xinhua.

"The prompt mobilization of all forces and means against COVID-19, the highly organized discipline, the unity of the people and the use of modern medical technologies" have contributed to not only controlling the pandemic but also a significant rise in the country's economy, said the expert.

Abulkosimov added the gradual revival of China's economy in the first half of the year demonstrates the sustainability of its development.

"However, it will take some time before the Chinese economy fully recover its previous level due to the severe consequences of the pandemic for the global economy, as well as noticeably growing external risks and challenges," he said.

Noting China is one of the main investors and trading partners of Uzbekistan, Abulkosimov said China's economic growth will have a positive effect on the Uzbek economy.

"Today more than 1,700 joint ventures and Chinese enterprises operate in Uzbekistan. The growth in Chinese economy contributes to the revival and regeneration of these enterprises," he said. Enditem

Scan the QR code and push it to your mobile phone

Keyword: GDP China economy

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial