China's upgraded growth model provides fresh opportunities for world

Updated: 2013-03-14

"Reforms," "adjustments" and "transformation" are the key words used by world media in their reports about Chinese economy discussed at this year's annual sessions of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC).

The transformation of China's growth model features expansion of domestic demand, new-type urbanization and innovation-driven development.

Analysts said such a growth model will provide fresh opportunities for the whole world.

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