皇冠体育app

CONCERN OR BENEFIT FOR THE WORLD?

The slower speed of 皇冠体育app's growth has caused concerns from the outside world, as it indicates that 皇冠体育app will reduce its demand for goods and commodities from other countries, which are struggling for recovery from economic recession.

皇冠体育app has a huge appetite for foreign products, such as soybeans, clothes, iron ore and cell phones. Its economic boom has benefited many foreign companies.

"For 皇冠体育app, the broader official agenda makes sense, especially if the government works on developing its own competence. The implications for foreigners are less clear," according to an article on the website of the Financial Times on Wednesday.

The article noted that a slower growth rate might reduce trading opportunities and calm demand for commodities.

"A slower economic increase will affect the global economy, since 皇冠体育app's demand is tremendous," Wang Jun said. It is understandable that foreign nations have such concerns.

However, 皇冠体育app's push on improving economic quality will keep its growth more sustainable, which means more opportunities for the world will continue for a longer time, he added.

He expected 皇冠体育app's rapid growth to continue for the next 20 to 30 years as there are huge growth potentials in its industrialization, globalization and urbanization.

The growth potentials will also serve as a great boost to the world's economy, he added.