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Studio interview: China is still a driver of global economy: WTO

Reporter: Yang Quanlu 丨 CCTV.com

09-04-2016 18:35 BJT

Full coverage: G20 Hangzhou Summit

The G20 Summit isn't just for the world's most important heads of state, of course, there's also a strong presence from leading global organizations as well. Our reporter Liu Xin sat down with the director-general of the World Trade Organization -- the intergovernmental body which regulates international trade. And he shared with us his views on the state of China's economy.

"I don’t think we can at this point in time say that china is moving towards an economy that has a gloomy future. On the contrary I think China is still a driver of the global economy. It’s not the locomotive that it was before, china was pretty much pulling all the numbers of foreign trade with it. Today, China is playing a more modest role. But still healthy, still growing. And clearly it can do even better. A lot of it has to with policies that go together with trade, together with investment, I think we had numbers that were superlative. Everything in China was superlative. But it was clearly unmanageable to maintain those levels of expansion of imports in commodities, it was just incredibly high. So now as the Chinese economy matures, you will see numbers which are more aligned with mature economy numbers," said director-general of the World Trade Organization Robert Azevedo.


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