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China's contribution to the global economy

China Daily | Updated: 2017-01-16 11:17

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During the 15 years of China's accession (2001- 2015), China's imports increased six-fold in value, rising from $0.24 trillion to $1.68 trillion. China's share in world's goods imports increased from 3.8 percent to 10.1 percent.

China's foreign trade remained stable in a sluggish world economy. With a total international trade volume of over 24 trillion yuan, China's share in global trade was more than 13 percent, making a contribution of over 30 percent to global trade growth. China has played a fundamental role in supporting world economy, safeguarding the stability and prosperity of world trade system in post-crisis era.

Wan Xiangyu, a scholar in Institute of Quantitative & Technical Economics , Chinese Academy of Social Sciences, wrote for China Daily website.

China's contribution to the global economy

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