China Alliance is jointly formed by Stockholm Environment Institute and the Stockholm International Peace Research Institute, SIPRI, early this year.
With the topic of "Is China a Sustainable Engine for the Global Economy", experts from China and Sweden discussed the current macro-economic situation in China and its midterm challenges and opportunities.
Anders Ahnlid, Director General for Trade at Swedish Ministry of Foreign Affairs said that China is emerging as the leading power in the world economy.
"The financial crisis and the recession have no doubt accelerated this process, and now we are facing a situation where we have to deal with a huge economy. Already China is the largest exporter of the world, she has taken over Japan as the second largest economy and due course in 2027 she will surpass the United States and become the world's largest economy," said Ahnlid.
