Manila: Based on a Philippine expert, China's economy is likely to experience a "robust recovery" and contribute to global economic growth in 2023 because the nation has modified its COVID-19 strategy in a planned and scientifically sound manner in response to the evolving pandemic situation.

Given China's strong healthcare system, high vaccination rates, and relatively mild Omicron variant, "According to Anna Malindog-Uy, vice president of the Manila-based think tank Asian Century Philippines Strategic Studies Institute, new COVID-19 policies are a way to simulate and get ready for "a wider opening of the Chinese economy to the world in the near future."

The improved COVID-19 containment measures will not only "revive business ventures and financial investments in thecountry," but also "benefit the wider international community," she said.

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"The Chinese economy has a very promising outlook for 2023. The researcher predicted that the Chinese economy will be "on an upward trajectory, helping pull up the downward economic trajectory of the world while boosting the recovery of the global economy. I believe China's economic development will soar high."

The more China opens up to the world as the second-largest economy, one of the largest consumer markets, and a significant trading partner of almost all economies, the more other nations will profit from it through economic and trade cooperation, she claimed. In addition to having a sizable market, it also has a sizable middle-class population with relatively high purchasing power in comparison to other developing nations.

Additionally, Malindog-Uy stated that further opening up the Chinese market and economy will "revigorate the global industrial and supply chains, and countries all over the world will also benefit from this."

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China has consistently sided with other developing nations in the fight against COVID-19 and the post-pandemic recovery. The expert said, citing cooperation between China and the Philippines as an example, "I'm impressed with China's generosity and solidarity with the rest of the world, especially during the initial onslaught of the COVID-19 pandemic."

Their collaboration "has been essential in the Philippines' quest for a quick economic rebound and recovery from the economic devastation brought on by the pandemic," she continued.

China has donated "unprecedentedly" to the Philippine pandemic response, according to Malindog-Uy, including billions of pesos worth of medical equipment and supplies as well as millions of doses of COVID-19 vaccines.

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China was the first nation to send and donate vaccines to the Philippines, enabling the Philippine government to launch its COVID-19 national vaccination programme as soon as possible, according to the spokesperson.

In fact, she said, "China is a friend of the Philippines, particularly in times of need."