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China's growth powers world economy: vice premier

2013-03-24 13:06 Xinhua     Web Editor: Su Jie comment

Chinese vice premier Zhang Gaoli said at a forum in Beijing on Sunday that China's development will provide more opportunities and stronger impetus for the world economy.

Zhang made the remarks at the China Development Forum, which was initiated in 2000 by the Development Research Center of the State Council, China's Cabinet. The forum serves as a significant platform for business and academic leaders to interact with China's top decision makers and economic planners.

This year's forum is scheduled from Saturday to Monday with the theme of "deepening China's reform and opening up for building a better-off society."

China aims to fulfill the building of a moderately prosperous society by 2020.

After realizing this target, China will witness significant boost in its overall strength, a much larger market scale and remarkable improvement of people's livelihood, Zhang said.

"China will then provide more opportunities, greater impetus and make new contributions to global economic growth," Zhang said.

In 2012, China attracted a total of 111.72 billion U.S. dollars in foreign direct investment. Total trade volume reached 3.87 trillion U.S. dollars, up 6.2 percent from a year earlier.

Zhang said China will continue its efforts to build a market environment featuring equitable competition to enhance the vitality of growth.

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