Although uncertainties still remain for the economy, China's stimulus plans have won applauses at the Summer Davos forum. Domestic demand key to drive economy
Chinese Premier Wen Jiabao said it still takes time for Renminbi (RMB), the Chinese currency, to fully become an international currency.
China's stimulus measures were not only a cure for the country's economy, but also conducive to other countries' efforts to deal with the financial crisis and economic downturn, said David Wright, Vice-Chairman of the Barclays Capital.
Emerging markets such as China play a pivotal role in global economic recovery, particularly the logistics and transportation industry.
One year after the global financial crisis has spread to almost every country and triggered a crisis of confidence in the global economy, the Summer Davos in Dalian - that opens today - is set to help build trust, to generate a new wave of economic growth.
Despite the global economic downturn, China is fast becoming the world leader in the race to develop and commercialize low carbon technologies, amid the efforts to slow down the global warming, a new report by the London-based Climate Group has found.
Nikola Gruevski, Prime Minister of the Republic of Macedonia, talked about his meeting with Premiere Wen Jiabao and his impression of the forum during an interview with China Daily.
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