Nation has growing role in global economic governance

As a supporter of globalization and sustainable development, China is playing an increasingly important role in global economic governance, according to the head of the Organization for Economic Cooperation and Development.

Angel Gurria, the OECD's secretary-general, said the nation's continued development and successful transition from a country with double-digit growth rates to one with more sustainable high single-digit rates has been its most notable achievement during the past five years.

He attributes China's smooth economic transition largely to a series of structural reforms and predicted that the country will remain the major driver of global growth for the foreseeable future.