On January 9, the United Nations' "2008 World Economic Situation and Prospects" announced that China's rapid economic development has a tremendous impact on the economy of other developing countries, and directly promotes strong economic growth in these countries.
The report says that China is steadily improving its status in the global economy. In 2007, China's economic growth accounts for 17% of global economic growth. Since 2001, when it became a member of the World Trade Organization, China has increased regional trade within the international community, and growth rate in trade is three times the global average. If we continue to maintain this growth rate, China will become the world's largest exporting country in 2009.
By People's Daily Online
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