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Reforms could have global impact, vice-minister says

By Jack Freifelder in New York | China Daily | Updated: 2015-05-06 07:53

As China adjusts to a more sustainable long-term economic growth model, countries around the world should be aware of the impact that the reforms could have on the global economy, Cui Yuying, vice-minister of the State Council Information Office of China, said on Monday.

"China is the second-biggest economy in the world, so implementing a profound and broad reform agenda against the backdrop of current economic trends has not been an easy task," Cui said through a translator. "The world has paid attention to the development of China's reform because it affects not only China, but also the world."

Cui spoke on Monday at the Asia Society headquarters in New York during an event titled "China, the US and the Way Forward". The event is part of the sixth World Forum on China Studies, the first such forum to be held outside China since it started in 2004.

Reforms could have global impact, vice-minister says

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