On February 3, the world bank and the International Monetary Fund (IMF) both voiced their confidence in China's economy, which is highly resilient and has sufficient policy space.
World Bank: the Chinese government has sufficient policy space to deal with the epidemic
On February 3rd, the World Bank released twitter, saying that it felt sympathy for everyone infected with New Coronavirus. The world bank believes that the Chinese government has sufficient policy space to deal with the epidemic and injected considerable liquidity into the market. These measures can mitigate the losses caused by the epidemic to China's economic growth.
In addition to twitter, the world bank also issued a statement on the 3 official website to support China's efforts to fight New Coronavirus, and called on all countries to strengthen monitoring and response systems to fight the spread of the epidemic.
The full text of the statement is as follows:
With the proliferation of New Coronavirus, the World Bank Group is evaluating rapidly mobilizing funds and technical resources to support affected countries and assist ongoing efforts to prevent the spread of virus and mitigate its impact.
We call on all countries to strengthen their health monitoring and response systems, which is essential to curb the spread of this and any future epidemic. In close coordination with international partners, we have accelerated the international response and supported countries in managing global health emergencies.
We are also monitoring the broader economic and social impact of the crisis. We support China's response efforts, including efforts to maintain its economic resilience. We believe that the poorest countries and the most vulnerable populations are often the hardest hit by such global emergencies. The world bank group stands ready to support all client countries, especially the poorest and most vulnerable countries, to help manage the broad impact of the crisis on their people.
In addition, David & middot, President of the World Bank Group; Malpas also issued a statement on the epidemic, which expressed support for China's response to New Coronavirus: I want to express sympathy for the loss of the New Coronavirus epidemic in China to the Chinese government and China. This is a severe public health challenge for China and the rest of the world, which requires unremitting coordinated action and transparency in China and the world.
The world bank group stands ready to support the Chinese government's efforts to curb the spread of the virus. Our team has been discussing with relevant government departments possible ways for us to support China and the Chinese people. For example, the immediate support we can provide includes epidemic monitoring, technical assistance for food safety and crisis response, international experience sharing in controlling similar crises, and analysis of the impact of the epidemic on China's economy. In the medium term, we can work together to carry out cooperation, further strengthen China's resilience to public health emergencies, learn from this emergency and share these experiences with other countries in the world.
At this challenging moment, the world bank group stands with the Chinese people.
International Monetary Fund: we are full of confidence in the resilience of China's economy
Christina middot, managing director of the International Monetary Fund; Georgi Ieva recorded videos of the epidemic in February 3rd and expressed his sincere condolences to the epidemic situation of New Coronavirus infection.
She said that the beginning of the year of the rat is very challenging for China because the whole country is fighting the outbreak of coronavirus. On behalf of all IMF member states, all staff and management, I would like to express my deep sympathy to all those affected by the severe epidemic situation of coronavirus. We support the response measures taken by China to mobilize all forces of the entire medical system. At the same time, it also expressed support for the recent actions taken in the fiscal, monetary and financial fields. We are full of confidence in the resilience of China's economy.
Georgieva extended spring festival greetings to the Chinese people and said in Chinese at the end of the video: come on, China! Wuhan, come on!