Chinese economy still an "engine" rather than a 'laggard'

The negative spill-over effect of a slowing Chinese economy is overwhelmingly exaggerated, while the positive effect generated by China's economic structural adjustment is clearly underrated, economic experts said.

As the Chinese economy enters a "new normal" stage with a lower growth rate and the financial market adjustment strengthens, some international news media have claimed that the Chinese economy is pulling down the world economy.

However, abundant data and expert opinions have refuted such a claim, and also call for a rational perspective on the Chinese economy, which still makes sizable contributions to the global economy and will generate long-term dividends for global growth with continued structural reform.