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China has witnessed robust economic growth


12-11-2016 09:15 BJT

Today marks the 15th anniversary of China's entry into the World Trade Organization. In the past 15 years, the country has witnessed robust economic growth.

China is now world's second largest economy and the largest trading country.  WTO membership has played an important role in promoting China's foreign trade development.

In 2001, total import and export volume was 0.51 trillion US dollars, and the figure in 2015 was 3.96 trillion US dollars, about eight times prior to joining.

An increasingly prosperous China has also created significant opportunities for countries around the world.

In 2001, China's real GDP contribution to the global growth was at 0.53 percent, and in 2015, it was nearly 25 percent. 

In the next five years, China's total import and export volume is expected to reach 8 trillion US dollars, and foreign investment will reach 750 billion US dollars.

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