Nation key in driving global economic recovery

China's contribution to world economic growth has exceeded that made by G7 countries during the past decade, showcasing the strong resilience and enormous potential of the economy, experts said.

They said China is playing an increasingly crucial and influential role in driving global economic recovery amid a gloomy global outlook and a more complicated and grimmer international environment, and the country's latest better-than-expected economic indicators suggest a steady rebound despite unexpected factors.

World Bank data showed that China's contribution to global economic growth averaged 38.6 percent from 2013 to 2021, making it the biggest contributor.

China's GDP had grown by 6.6 percent annually from 2013 to 2021, higher than the global average of 2.6 percent and the 3.7 percent of other developing economies during the same period. China accounted for 18.5 percent of the global economy in 2021, 7.2 percentage points higher than in 2012, remaining the world's second-largest economy, official data showed.

Alessandro Teixeira, a professor at the School of Public Policy and Management at Tsinghua University and former minister of tourism of Brazil, said China is important to the world, as it accounts for a large proportion of the world's GDP growth.

He said China is taking and preparing a lot of measures to expand consumption, fortify entrepreneurship and help companies gain momentum, offering huge growth opportunities for various stakeholders.