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IV. BDS Application and Industrial Development
Having experienced years of rapid growth, China's economic development has now entered a new normal. In the face of mounting downward economic pressure, we have not resorted to indiscriminate strong stimulus. Instead, we have focused on exploring new models of macro control, vigorously advanced structural reform, and concentrated our efforts on cultivating new drivers of growth while upgrading traditional ones. As a result, we have maintained steady economic development, ranking among top of the world's major economies in terms of growth speed, and made positive progress in structural adjustment. The journey we traveled these years has been fraught with risks and challenges, and we have made painstaking efforts along the way. Nevertheless, it is encouraging to see that new drivers in the economy are rapidly growing. Although they cannot yet compare with traditional drivers in size, they do play a bigger role in sustaining development, securing employment, and promoting economic transformation. Given time, the rise of the new drivers will open up new prospects for the Chinese economy.
Xie Zhenhua, China's special representative on climate change, said the two countries agreed to use opportunities such as the Group of 20 summit to deepen cooperation in the areas of new energy, energy revolution, carbon emissions reduction and energy conservation, in a bid to push the Paris agreement to become effective at an early date.
BEIJING, July 4 (Xinhua) -- International scholars and experts Monday spoke highly of Chinese President Xi Jinping's recent speech at an event marking the 95th founding anniversary of the Communist Party of China (CPC).
AIIB also means a great deal to the global economic governance system. It is a product of the evolving economic landscape, and will help make the global economic governance system more just, equitable and effective.
来源：资阳报