ThisaerialphototakenonFeb.10,2023showsanightviewofYuzhongDistrictinsouthwestChina"sChongqingMunicipality.(Xinhua/HuangWei)

TheChineseeconomicstructureandpoliciesgivestrongsupportforreachingthegrowthratestargetedbyChinaorprojectedbytheIMF,anEgyptianeconomisthassaid.

CAIRO,Feb.14(Xinhua)--Chinaplaysacrucialroleinassistingtheglobaleconomyinovercomingcurrenteconomicchallengesandachievinghighergrowthrates,anEgyptianeconomisthassaid.

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"TheChineseeconomyisalwaysworkingonfindingstructuraldevelopmentpolicies.ThesepoliciesandmeasureshaveprovidedtheChineseeconomywithaproactiveleadershipinfacingglobalcrises,"KarimAdel,headoftheCairo-basedAlAdlCenterforEconomicandStrategicStudies,toldXinhuainaninterview.

TheInternationalMonetaryFund(IMF)hasrecentlyprojectedChina"seconomytogrowby5.2percentin2023,0.8percentagepointhigherthanOctober2022forecast.

AdelsaidthattheChineseeconomyenjoys"solidityandflexibility."

"China...hasdiversifiedeconomicsectorssuchasrealestate,energy,electronics,technologyandmanufacturingindustries,allofwhicharevitalandsupportiveofcreatingjobsandinvestmentopportunities,"saidtheexpert.

HepointedoutthattheChineseeconomicstructureandpoliciesgivestrongsupportforreachingthegrowthratestargetedbyChinaorprojectedbytheIMF.

ThisaerialphototakenonOct.23,2022showsaviewoftheDongfangLingangIndustrialParkinsouthChina"sHainanProvince.(Xinhua/PuXiaoxu)

Chinaachieveda7.7-percentriseinannualforeigntradein2022,toppingtheworldforthesixthyearinarow.Itsforeigntradevaluehitarecordhighagainin2022,astotalgoodstradereached42.07trillionyuan(6.21trillionU.S.dollars),up7.7percentyearonyear,accordingtoarecentreportfromChina"sGeneralAdministrationofCustoms(GAC).

Meanwhile,thecountry"sexportsroseby10.5percentto23.97trillionyuan(3.54trilliondollars)andimportswentup4.3percentto18.1trillionyuan(2.67trilliondollars)in2022,accordingtotheGAC.

"Therisingvolumeofexportsisaverybigincentivetoincreasegrowthrates,particularlygiventheexpectationofareturntoglobaltrademovementandtheeagernessofmostcountriesandimporterstoresumetradewithChina,"saidAdel.

ThisaerialphototakenonNov.5,2022showsaviewoftheYangpuinternationalcontainerterminalintheYangpuEconomicDevelopmentZone,southChina"sHainanProvince.(Xinhua/PuXiaoxu)

Chinesepoliciesforeconomicdevelopmentandprotectinginvestors"rightsarekeyfactorsthatencourageandincreaseinvestmentinChina,hesaid.

Thepotentialfordevelopmentstemsfromthecountry"s"politicalandeconomicstability"anditseffortstoachievehighratesofbotheconomicandsocialdevelopment,headded.

AdelemphasizedthesignificanceofChina"seconomicprospectsforthefutureofalleconomiesthatcollaboratewithit,particularlyChina"scommitmenttoestablishingneweconomicpartnershipsandopeningnewhorizonsforcooperationandinvestmentwithothercountries.

China"scommitmenttowin-winpartnershipswouldbenefittheglobaleconomyandcontributetoincreasingbothChineseandglobaleconomicgrowthrates,saidtheEgyptianeconomist.