In recent years, under the background of the slowdown of global economic resurgence and persistently low growth, China economy has been keeping a high level growth, the economic aggregate jumps onto a new step, the percentage in global economy goes up to a new level(over 12%), China economy has driven the economic growth.

The development of economy of China raises its global position, as brings more opportunity for countries in the world. China economy has become the main power to drive the global economy. Especially in the few years after the explosion of international financial crisis, the contribution rate of China economy to the global economy has gone up very sharply, as play a very important role in driving the world economy into resurgence. On the corresponding period, the contribution rate of China economy to the growth of the global economy has been over that of America, up to No.1. The development of China economy has changed the “South-North” structure of global economy, spur the economic center move toward eastern area, also promotes the progress of global economy and technical efficiency, speeds up the global industry transfer, enhances the deepening of the division of labor in the world, improves the efficiency of the global resources allocation. The huge supply of cheap commodities and service and the capacity of continuous growth created by the development of China has been playing a very important role in controlling inflation and slowing economic fluctuations. Meanwhile, the persistently growing medium income class has promoted China become more and more important consuming market of global commodities and services, the rapidly growing overseas investment from China are infusing new vitality, China has become the main economic trading country in the world.

Analysis shows that in the future 10 to 20 years, the growth rate of potential economy of China will fall naturally. However, from the long run, the percentage of Chinese economy taken in global economy shall continuously rise up, its influence to the global shall continuously strengthen, China’s position in international trading, overseas investment, global financial market and rulemaking will be enhanced further. Especially, China is now paying more attention on the appropriate and creativity to develop economy in the new normal, the persistently deepening of industrial structure adjustment. It is expected the recovery of Chinese economy shall happen, which will bring dawn to the global economy. It is hopeful the global economy shall grow at a relatively low speed.

In one word, people have been expecting the recovery of Chinese economy.