President Xi Jinping said Sunday that the Chinese economy is predicted to grow about 7 percent this year, which will continue to contribute as high as about one third to the global growth. "China has the confidence and capability to maintain medium-high growth," Xi said while addressing a Group of 20 (G20) summit in Antalya in southwest Turkey. China shouldered the responsibility of driving economic growth in times of the world economic hardship, he said, noting that China had contributed up to 50 percent of world economic growth from 2009 to 2011. Read more
