China's economic growth a boon to world, says expert

China's economic growth has benefited the world, and its pursuit of comprehensive reforms and modernization will create many opportunities globally, said a Kenyan expert on China-Africa relations.

In a recent interview with Xinhua, Stephen Ndegwa said he expects China's commitment to high-quality development and wider opening-up to chart a new chapter in international relations and cooperation.

China is promoting the development of a digital economy and boosting high-quality infrastructure development globally, said the Nairobi-based expert, adding that its products, whether in industries, infrastructure, technology, or digital and scientific fields, are constantly improving in quality.

Ndegwa expressed his optimism that the recently concluded Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting and the G20 Leaders' Summit would be key in sustaining global stability, particularly in the economic sphere.

He underscored that economic stability is essential for development and that addressing broader global challenges becomes more feasible when the economic foundation is solid.

"China's presence at the APEC meeting and the G20 summit will have a positive impact on the world. There will be more discussions on how to promote multilateralism and broader prospects for global trade and development," Ndegwa said.

The expert said through the Belt and Road Initiative and other initiatives, China has strengthened economic ties with many countries and significantly boosted regional and global economic growth.

With its robust economic growth and the rise of a consumer-driven economy, China offers new opportunities to increase bilateral trade with other countries, Ndegwa said, adding that this dynamic exchange is set to strengthen further, serving as a model for future regional cooperation.

Ndegwa also highlighted China's contribution to the economic growth of Kenya and the larger African region, noting that China has done a lot of work in Kenya, from stadiums to roads and various infrastructures.

"China's construction has contributed to Kenya's economic growth, especially through the roads built by China, which have opened up markets that were previously inaccessible and allowed producers to transport products throughout the country," Ndegwa said.

Ndegwa noted that he has visited China multiple times, saying that he believes China's cooperation with its partners is sincere.

"China's development is a blessing for the world," Ndegwa added.