The global financial crisis that started last year has taken its toll on the world economy on an unprecedented scale. To cope with the crisis, a strong signal must be sent from the upcoming London summit that the international community is determined to act together to get through the time of hardship.
After the financial crisis broke out, China was quick to put in place a decisive plan to boost domestic demand, advance economic restructuring and improve people's wellbeing. These measures have started to produce results. At present, the Chinese economy still faces severe challenges.
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