U.S. professor: "China is an enormous success story in world economics"

NEW YORK, May 26 (Xinhua) -- "I think China is an enormous success story, clearly in economics and it has had the most dynamic economic development in world history during the last 30 years," a famous U.S. professor has said.

Jeffrey Sachs, director of the Earth Institute at Columbia University, said in a recent exclusive interview with Xinhua that "We all believe, at least I believe, that China will ... relatively soon, within the next three decades perhaps ... become the world's largest economy."

"So I think China has a unique position in the world. It's not only the most populous country but it will become the largest economy in the world, and that's rather natural because it's such a large size with so many talented people but it means a special kind of responsibility," he said.

However, "China also faces tremendous internal problems in its development, especially the environmental challenges because the water, the energy, air pollution and so forth, are major question for China's development -- also, the scale of the urbanization," he said.

"This is a very complicated process but I think China has done a tremendous job of having rapid development," he said. "Now it has to turn more attention to the physical environment and to the human well being in health care and so on."


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