The importance of China's dynamic clearing policy

4.Supporting the global economy

The dynamic clearing policy has so far proved successful in striking a delicate balance between maintaining economic and social development and controlling the spread of the virus.

It is this policy that has made it possible for China to control the virus most rapidly, enabling it to resume its economic activities and keep transmission of the virus localized whenever a cluster of infections appears.

Thanks to the policy, China became the only major economy to achieve positive growth in 2020, and the growth momentum continued last year with an 8.1 percent expansion.

In particular, its total imports and exports for 2021 reached a new level, exceeding $6 trillion for the first time.

This has enabled China to continue to serve as the bedrock of the global supply chain, ensuring everything from iPhones and Teslas to fertilizer and car parts continues to flow to the rest of the world.