China's modernisation is based on a balance between environmental protection and economic development

Liu Haixing, Assistant Minister, MFA of the People's Republic of China and Secretary General of the Secretariat for Cooperation between China and Central and Eastern European Countries, points out that in the previous year, the Chinese economy contributed more than 25 percent to global growth. He explains that, for the next five years, China will follow their new vision of innovative, coordinated, green, open and shared development.

Against the backdrop of sluggish economic recovery in Europe and beyond, how will the Chinese economy maintain its steady development?

2015 saw the slowest growth of the world economy in six years, global trade slowed down and commodity prices plummeted and heightened volatility in international financial markets. In such a complex and unfavorable environment, the Chinese government was committed to forestalling...