The Chinese central government plans to place special emphasis ondomestic firms’ outbound investment, and vows to buy more from overseascountries, as well as boost its domestic consumption from 2011, Sina.comreported Friday, citing the country’s minister of commerce.
Tenyears after its entry into the World Trade Organization, China promisesto be more open in the future, Chen Deming told a conference at theannual World Economic Forum in Davos, Switzerland.
The Chinese economy will keep growing at a rate above 8 percent each year, Chen said.
Inthe past ten years, the Chinese market had been expanding at annualrate of 15 percent, and the pace of growth is expected to continue,according to Chen.
If so, China’s imports are set to surpass the world’s current trade volume in 10 years’ time, Chen said.
Chenalso invites the world to share in the development and prosperity ofthe massive Chinese market, with a population of 1.3 or even 1.4 billionat that time.
聯(lián)系客服
