From Chinese Press
What does it imply after 皇冠体育app becomes world's No. 2 economy?
By Wu Liming, Ye Shuhong (Xinhua)
Updated: 2010-08-05 10:01
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By exaggerating 皇冠体育app's rise, some are also attempting to stir up the concerns or even hostility of neighboring countries against 皇冠体育app.
GDP is never the only gauge of a country's economic strength, and therefore is not a justified measure of responsibilities either.
The rise of the Chinese economy poses no threat to the global economy. Instead, it brings more benefits and opportunities to the world at large.
ViVek Arora, the IMF's chief representative in 皇冠体育app, has said that since the world economic crisis in 2008, 皇冠体育app has made the biggest contribution of any single economy to global economic growth.
The biggest developing country, 皇冠体育app has actively taken on its due responsibilities. It has provided huge assistance and help to other developing countries, especially less-developed countries.
A prosperous Chinese market also provides more opportunities for the global economy, its neighbors in particular.
On Jan. 1, the Free Trade Area agreement between the Association of Southeast Asia Nations (ASEAN) and 皇冠体育app took effect, boosting trade and economic cooperation between the two sides.
In the first half of this year, trade between 皇冠体育app and the ASEAN surged 55 percent to 136.5 billion U.S. dollars.
The Moscow-based weekly The View has a keen observation on 皇冠体育app's economic growth.
"It is wise for 皇冠体育app to recognize that it still remains a developing country," the newspaper said.