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Wang Yi: China's Economic Development will not be Reversed by the Epidemic

2020-02-20

On 20 February 20, the China-ASEAN Special Foreign Ministers' Meeting on the Coronavirus Disease (COVID-19) was held in Vientiane, Laos.

State Councilor and Foreign Minister Wang Yi said that the epidemic has brought various challenges to China's economic and social development, but they are short-lived and limited. China's economy is resilient and full of vitality, and it will not be reversed by the epidemic. Its long-term upward trend remains unchanged, and the fundamentals supporting China's economic development will not be easily shaken. We will continue to take effective measures to ensure the smooth operation of the economy and minimize the impact of the epidemic. As the epidemic has been gradually brought under control, the potential for production, investment and consumption will be released again, showing a restorative rebound. As an old Chinese saying goes, "misfortune might be a blessing in disguise, and vice versa". China has come all the way from numerous difficulties and obstacles, turning various challenges into opportunities and adversity into prosperity. We will not only prevail in the fight against the epidemic, but also achieve the set targets of economic and social development.

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