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Chi's contribution to world economy to be 30%

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  31 Oct 2016 12:00 AM GMT

Beijing, Oct 30: The contribution of Chi to the world economy will remain around 30 percent for the next five years, an expert said in remarks published on Sunday. The transition of Chi’s economy would become an important driver of global economic growth, the Global Times quoted Chi Fulin, director of the Chi Institute for Reform and Development, as saying. He was addressing the Chi reform forum that opened on Saturday. Chi predicted that in the next few years, the global economy would grow slowly while seeking a new balance, bringing impact on the transition of Chi’s economy. On the other hand, as the second largest economy, Chi’s economic transition and growth were increasingly influencing the world economy. “It is estimated that the contribution of Chi’s economic growth to the world economy is expected to maintain at 25 to 30 per cent,” he said. (IANS)

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