Latest News:  
Beijing   Cloudy/Overcast    7 / 0   City Forecast

People's Daily Online>>Foreign Affairs

IMF chief urges prominent Chinese role in global policy discussions


08:17, March 19, 2012

BEIJING, March 18 (Xinhua) -- China should maintain a prominent role in global policy discussions amid lingering weaknesses in the global outlook, visiting chief of International Monetary Fund Christine Lagarde said here on Sunday.

Lagarde said China's successes have for many years captured the world's attention as China has posted spectacular growth and in the space of three decades, created 370 million jobs and lifted half a billion people out of poverty.

When the global crisis hit, China again showed leadership and adept policy skills, she said at the China Development Forum held Sunday in Beijing by the Development Research Center of the State Council, the think tank of the Chinese Government.

"Indeed, the global economic situation might have been even more calamitous had it not been for the impetus that China provided to growth and stability," she said.

Meanwhile, she said China should also sustain its efforts to accelerate the transformation of the Chinese economy.

She listed three priorities for China, namely, supporting growth, continuing shifting the drivers of economic growth away from investment and exports and toward domestic consumption, and improving household livelihoods.


Leave your comment0 comments

  1. Name


Selections for you

  1. Helicopter dispatched to SW China forest fire

  2. Bomb disposal team defuses hoax bomb in Shenzhen

  3. Warplanes conduct confrontation drilling

  4. British shop owner in Beijing’s hutong

Most Popular


  1. Nuclear security cooperation
  2. Arms race will happen, but who to blame?
  3. Why China can't persuade N.Korea alone
  4. WTO's raw materials ruling reveals bias
  5. 21st Century classrooms needed for the future
  6. West's rare earth claim against China unreasonable
  7. Chinese economy vital for world
  8. How should China provide for seniors?
  9. Obama brings new trade case against China
  10. Giving is an aid to prosperity

What's happening in China

Poverty relief campaign offered in 798 Art Zone

  1. Coal-rich city aims to become sunshine state
  2. Firm admits it sold dead ducks
  3. Synthetic drugs pose new challenge
  4. Union chiefs asked to give contact info
  5. Carrefour food scandal shuts down store

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai