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Mutual respect key to greater cooperation

China Daily | Updated: 2015-10-08 07:47

Economic future bright

After the Purchase Manager Index, seen as a barometer of the economy, fell to 47 in September for the first time this year and other disappointing data, aroused widespread speculation about a "hard landing" for China's economy, many worried that China's slowdown might have a negative effect worldwide.

But President Xi Jinping eased the world's concerns about China's economy during his US visit, emphasizing China is undergoing economic restructuring and transformation, which might be a painful process but promises a brighter future.

Mutual respect key to greater cooperation

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