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On the contribution that China's economic growth has made to the world economy, he said that, since 1978, the Chinese government had adjusted an imbalance in the industrial structure, made great efforts to develop labor-intensive industries with comparative advantages, and opened up to the outer world.
"As the world's third largest economy, China has sustained a relatively rapid growth rate amid the fallout of the global financial crisis, which took a heavy toll on major economies of the world," the scholar said.
"China and Asian nations, including Japan, have become increasingly interdependent and, from the perspective of the world economy, China's economic growth in itself is a valuable contribution to the world," Sekiyama said.
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