China continues playing its role in global growth
By Xin Zhiming | China Daily | Updated: 2016-09-01 07:27
Despite adjusting its structure, it is still a driver for the world
China's economic growth has slowed in recent years, but its contribution to the world economy remains significantly more than that of other countries', which signifies the vital role it has played in maintaining global economic vitality, say analysts.
China's GDP growth was 6.9 percent in 2015, the slowest in 25 years. In the first half of 2016, it registered an even lower GDP growth of 6.7 percent, and the International Monetary Fund forecast in July that China's GDP growth this year could be 6.6 percent, triggering concerns that the country might be caught in the low-rate growth trap for some time.
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