China can achieve more inclusive and sustainable development with coordinated reform, according to the World Bank Group's report released in February, which highlighted China's rapid growth that has resulted in a decline in poverty "unprecedented in its speed and scale."
"China's remarkable progress in reducing extreme poverty has significantly contributed to the decline in global poverty," said Hoon S. Soh, World Bank program leader for economic policy for China.
WORLD RECOGNITION
With achievements in various fields, China has gained worldwide recognition.
China's trading not only contributes to world growth but also benefits less developed nations as "sharing" is its "byword," said Stephen Perry, chairman of 48 Group Club, a British organization composed of company leaders promoting Britain-China trade.
"China is the world's largest trading nation, and contributes more to world growth than any other country by a huge margin. These two facts show the enormous difference China has made to world trade," he said.
As the world's second largest economy with a population of more than 1.3 billion, China has made significant contributions to the development of world tourism in recent years, said Zhu Shanzhong, executive director of the Madrid-based United Nations' World Tourism Organization.
"Thanks to the contribution made by the Chinese market, the world tourism has been on a rapid development for years. We do believe that the Chinese market is vital and irreplaceable for further development of the world tourism," Zhu said. |