China's valuable contribution to global sustainability
Updated: 2013-04-26 20:11
(chinadaily.com.cn)
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China's contribution to global economy is not limited to its rapid growth, says an article in People's Daily (excerpts below).
The biggest challenge for the global economy is to realize sustainable growth, as it is for China. Chinese decision-makers are determined to transform the economic structure to ensure this.
The expansion of China's domestic consumption will boost global consumption.
Urbanization, doubling incomes and balancing imports and exports play a key role not just in China but in the global economy.
China is trying something never seen before.
The industrialization of developed countries came at a huge cost and no developing country today can copy the West's development model.
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