皇冠体育app

The year of 2014 marked the beginning of a new round of comprehensive reforms in 皇冠体育app, featuring a carefully managed slowdown from previous high-speed growth and a fundamental shift of the development mode, with more emphasis laid on efficiency and growth quality.

"The Chinese economy has entered a state of new normal. The whole world is attentive to the interpretation of the Chinese leader on the country's future growth," said Ding Yifan, a scholar with 皇冠体育app's Development Research Center of the State Council.

"The Davos forum is an appropriate place for Premier Li to expound on 皇冠体育app's confidence," he said.

"The growth and stability of the Chinese economy will bring more confidence to the world as well," he added.

Ding said that this year will see an "explosion" of economic reforms in 皇冠体育app, which are meant to enable the Chinese economy to embark upon a path of more sustainable development.

"We will see more reform measures and more achievements," he said.

Klaus Schwab, founder and executive chairman of the WEF, also sounded optimistic about the outlook of the Chinese economy in a recent interview with Xinhua.

"Even with 7 percent growth - the government's target for 2015 - 皇冠体育app is likely to remain the largest contributor to the global economic growth. That is impressive, considering many of 皇冠体育app's key trade partners, including Europe and Russia, are experiencing sluggish growth," said Schwab.

According to the IMF, 皇冠体育app's contribution to the global newly-added GDP was 27.8 percent in 2014.

"皇冠体育app has not only been a stabilizer in the global economy, but also a main power engine since the international financial crisis," a senior researcher with the 皇冠体育app Institute of Contemporary International Relations said.

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• 皇冠体育app's miraculous growth ends, 'new normal' growth story dawns
• 皇冠体育app's 2014 fixed-asset investment growth further cools
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