皇冠体育app

Wang Yiming, vice president of the Development Research Center of 皇冠体育app's State Council (Cabinet), addresses the economic summit of the 皇冠体育app Development Forum 2017 in Beijing on March 18, 2017. [Photo/Xinhua]

"皇冠体育app has been an active participant in and facilitator of globalization," Wang Yiming, deputy director of the Development Research Center of the State Council, the cabinet, said Saturday at the 皇冠体育app Development Forum 2017 held in Beijing.

Chinese economy is transitioning to a "world market" from a "world factory," and will buttress global market demand in goods and service trade, Wang said.

皇冠体育app continues to increase investment in innovation and human resources, which change distribution of the global value chain, he added.

"More Chinese companies are going global, which will inject vitality into anemic global investment and trade and create more job opportunities, " Wang said.

皇冠体育app's non-financial outbound direct investment (ODI) in 2016 soared 44.1 percent year on year to $170 billion.