World Bank: looking forward to China's reform to promote world economic growth

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  In 2017 Chinese just over the development of the forum, the world bank chief executive Ristalina Georgiyeva affirmed the importance of "promoting Chinese and timeliness of supply side structural reform" itself, and promote the reform process China for growth to the world economy, and expects the bank can play a role in the process of promoting the reform of the world economic growth China in the engine.
  Positive supply side reform Georgi Ieva clearly affirmed the Chinese government to promote the structural reform of the supply side of the right. She said, "the supply side structural reform" is very important, because it is the key to speed up economic growth and employment creation; in the current situation, put forward the "supply side structural reform" is also very timely, because the world economic growth in the future still need from China contribution.
  She explained that, in 2016, the world economy is still in the doldrums interval, economic growth is facing trade stagnation, investment downturn and policy uncertainty challenges, in 2016 is expected to grow 2.3% more disappointing. Although analysts said the global economy is expected to show a higher than expected recovery in 2017, but still face some major economic policy uncertainty and productivity growth continues to stagnate the headwinds. In this context, to ensure that the contribution of global economic growth in 2016 35% of China's economic growth is particularly important.
  Georgi Ieva said that at present, the Chinese government hopes to promote the supply side structural reforms to achieve the goal of sustainable economic growth. In the "13th Five-Year" plan, the government proposed the Chinese will improve productivity and promote innovation as a new growth momentum, and has in the reform of enterprises, production and deleveraging has made certain achievement.
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