Market to 'drive' world

China's rising domestic market has great growth potential and will provide opportunities for the world, said Yu Guangzhou, vice-minister of commerce.

"The nation's consumer market is not only a major driver for its own growth but also a propeller for the world economy," Yu said at the three-day China Development Forum that concluded in Beijing yesterday.

China's GDP expanded 11.4 percent in 2007, making it the world's fourth largest economy. The nation's role in the world economy has simultaneously risen consistently over the years.