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Xi Jinping: China's economy is still the contribution of the world economy

2018/4/24

      Local time in September 23rd, the national chairman Xi Jinping in Seattle to attend the Sino American entrepreneurs forum made a speech stressed that China's economy will not change the long-term good. In recent times, China's economic growth has slowed down, the economy is facing downward pressure, the stock market has some turbulence, which is the actual situation. There are factors that have the influence of the world economy, and the factors that we take the initiative to regulate and control the impact of some of the structural contradictions in China over the years. Despite the difficulties faced by this, I believe, from a long-term perspective, China's economic fundamentals are good, will remain stable and long-term growth of China's economic prospects are very bright. In the first half of this year, China's economic growth rate of 7%. On the base of the 10 trillion dollar economy, the base of the economy is growing at 7%, which is greater than in the previous 10%. Steady to the good, not only reflected in the speed, but more important is reflected in the structural optimization and development mode change. Now, the consumption of China's economic growth contribution rate to 60%; some new economic growth point in the formation of high tech industry growth is significantly faster than the entire industry, information, culture, health and other consumer demand, economic development mode is from exports and investment driven to accelerate the transformation of the. China's economy has long been the same depth of world economic integration, now the overall weak global economic recovery, China's economic growth rate has slowed or volatility is inevitable, but China's economy is still contribution to the world economy, this year first half of China's economic growth to the contribution of the world economic growth rate of about 30%. China's total import and export growth has slowed, but imports of bulk commodities have not been reduced, and even have increased. The number of imported goods will be a steady increase in the future. China has become a net exporter of capital, foreign investment to maintain rapid growth, is becoming an important source of investment in the world.