China’s growth, wisdom help promote global economic recovery

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Xinhua, Beijing :
The world economy has recovered slowly out of the global financial crisis starting in 2008 and recorded moderate growth, in which China has made impressive contribution as a stabilizer and engine.
The Asian country has not only managed to achieve its own economic stability and prosperity, but also offered valuable wisdom and solution to help put the global economy on the track of robust, sustainable, balanced and inclusive development.
CHINA’S STRENGTH
China has made remarkable economic achievements over the past 10 years as its economic aggregate has grown by 239 percent and the total value of imports and exports has risen by 73 percent, according to official figures.
During the period, China has become the world’s second largest economy and the lives of its 1.3 billion-plus people have significantly improved.
China accounts for more than 30 percent of the world’s economic growth annually since the 2008 financial crisis, official figures show.
Russian First Deputy Prime Minister Igor Shuvalov said China is a major driver for global economic growth, expressing his belief that China’s economy will continue to grow steadily.
China’s economic achievements did not come by easily as its reform endeavors have entered a crucial stage, with some underlying difficulties and problems surfaced. To address tough challenges, The country is determined to deepen all-round reforms.
Over the past five years, the Chinese government has adopted more than 1,500 reform measures covering all sectors, with breakthroughs made in multiple areas.
The pace of economic structural adjustment and industrial upgrading has accelerated. China’s economy has maintained steady and sound performance, and new drivers sustaining development have grown in strength.
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