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Monday, 18 Oct 2010Xinhua quoted experts at a seminar held by Stockholm China Alliance recently said the Chinese economy will keep rapid growth for another 10 to 20 years and at the same time face challenges.

Mr Anders Ahnlid director general for trade from the Swedish Foreign Ministry said that China is emerging as a leading force in the world economy.

He said that "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."

He added that Sweden consistently seeks to resist trade protectionism and firmly opposes restrictions to imports to the European Union market.

Mr Lu Feng deputy dean of National School of Development at Beijing University said that China has achieved a V-shape or quick and strong economic recovery with the CNY 4 trillion stimulus packaged by the Chinese government after the outbreak of the global financial crisis.

He said that "China has taken a proactive fiscal policy with large flexibility in monetary policies using diversified tools to control the bubbles."

(Sourced from Xinhua)