Chinese economy to keep high growth amid challenges
Write:
Blaine [2011-05-20]
The Chinese economy will keep rapid growth for another 10 to 20 years, and at the same time face challenges, said experts at a seminar held by Stockholm China Alliance (SCA) on Wednesday.
Under the theme of "Is China a Sustainable Engine for the Global Economy," experts from China and Sweden exchanged views on the current macroeconomic situation in China as well as China's mid-term challenges and opportunities.
Anders Ahnlid, director general for trade from the Swedish Foreign Ministry, said that China is emerging as a leading force in the world economy.
"The financial crisis and the recession have no doubt accelerated this process, and now we are facing a situation where we have to deal with a huge economy," Ahnlid said.
He added that Sweden consistently seeks to resist trade protectionism and firmly opposes restrictions to imports to the European Union market.