By trade, hard work and learning from others, China has helped transform the global economy, said Lagarde, adding that progress in China has played a significant role in boosting productivity, innovation and inadvertently raising the living standards of countries around the globe.
Now, she continued, China is building a "bridge to prosperity" by rebalancing its economy towards consumption-led growth, rather than one based on exports or an investment-led one.
This transition, symbolized by the CIIE, is good for China, especially in terms of the rising standards of living for the Chinese. It is also good for the world, including all those who consider China as a vital and vibrant market for their goods and services, said the IMF chief.
Xi said on Monday that China's imported goods and services were estimated to exceed 30 trillion U.S. dollars and 10 trillion U.S. dollars, respectively, in the next 15 years. China has been the world's second largest merchandise importer for nine consecutive years.
China is also building a "bridge to the future" by harnessing the power of international cooperation, especially on trade, according to Lagarde.
"On behalf of the IMF, I have called on all countries to de-escalate and resolve the current trade disputes and to fix the global trade system, not destroy it. To achieve these goals, we need more international cooperation, not less -- and that goes well beyond economics," she said.
【国内英语资讯:Spotlight: Heads of intl organizations laud Chinas continuous commitment to opening up,】相关文章:
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