Xinhua.net reports:

GUANGZHOU, Oct. 12 (Xinhua) — A senior UN official said Friday the Chinese economy enjoying sustained rapid growth was not a threat, as it has been demonstrating a positive effect in the global economy.

Speaking at the Forum on Future Development of China held in the southern Chinese city of Guangzhou on Friday, United Nations Resident Coordinator in China Malik Khalid said “China has demonstrated that it uses its economic power in a responsible way.”

In his keynote speech titled “Sustaining China’s Development in New Global Environment”, the economist-turned-official said China has had a stabilizing effect in the global economic system when the U.S. subprime problems unleashed uncertainties.

Malik praised Chinese authorities for making efforts to combat environmental problems, noting China is “unique in facing such environmental challenges at such an early stage of its economic development.”

“There has been no precedent like China, who, as a developing country with a per capita GDP of about 2,000 U.S. dollars, undertakes such great responsibilities.”

Full report.