2024 Understanding China Conference｜Yves Leterme: China transits to more sustainable economic growth

南方财经全媒体记者李依农 杨雨莱广州报道

"Over the last decades, China has undoubtedly been the engine of economic progress worldwide." Yves Leterme, the Former Prime Minister of Belgium shared his insights of Chinese economy and reform with SFC journalist during the 2024 Understanding China Conference. 

He pointed out that in terms of the continuation of reform, the crucial aspect for China is to transit from a very rapid, massive double-digit economic growth to a more sustainable, quality-based, technology-based, and service-based economic development in the future. "China reentering the global economy, opening up, reforming has given the possibility for other parts of the globe to continue their economic progress and development," he stated.