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Wang Yi on Chinese Economy: After the Storm Comes the Rainbow


On February 15, 2020 local time, State Councilor and Foreign Minister Wang Yi delivered a speech at the 56th Munich Security Conference.

Wang Yi expressed, the challenges the outbreak has posed to China's economic and social development will be temporary and short-lived. With its strong resilience, potential and vitality, the Chinese economy is well positioned to overcome all risks and challenges. The fundamentals sustaining sound economic growth have not changed and will not change.

After the storm comes the rainbow. We are confident that China will emerge stronger from the epidemic. Its pent-up consumer demand and growth potential will be quickly unleashed and China will enjoy more sound and sustainable economic and social development.

The Chinese nation has been through all kinds of trials and tribulations in its history, which forged a national character of perseverance and resilience. Fighting this epidemic will be no exception. It will only make us stronger and more tenacious. Our country will march on in more determined strides to usher in moderate prosperity in all respects, to eradicate absolute poverty, and to realize the rejuvenation of the Chinese nation.

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