Chinese economy to lead global recovery

0 Comment(s)Print E-mail Xinhua, March 19, 2017
Adjust font size:

China will remain a strong engine of global recovery with its ongoing economic reforms, an official with the International Monetary Fund (IMF) said Saturday.

"Steering its economy to a sustainable path will benefit China itself and the world as a whole," said IMF Deputy Managing Director Zhang Tao at the China Development Forum 2017 in Beijing.

The country and other emerging economies have contributed over 70 percent of global economic growth in recent years and will remain such a contributor, he said.

China's 6.7-percent growth in 2016 hit a 26-year low, but still outpaced most other economies and accounted for more than 30 percent of global growth.

The IMF forecast the world's economy would grow 3.4 percent in 2017 and 3.6 percent next year, with gathering momentum for recovery and rising challenges.

Resistance to economic integration and political uncertainties need to be addressed, Zhang said, calling for more inclusive and balanced global economic growth.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter