President: Chinese economy is important factor for Azerbaijan

For a country like Azerbaijan, which needs to have stable prices for fossil fuels, the Chinese economy is also an important factor, President Ilham Aliyev said in an interview with China's CGTN (China Global Television Network) in Davos, Report informs.

"As far as I know - I'm not deeply informed about new plans, but based on what we observed - the Chinese economy is very stable, and it is an important factor in the global economy. For a country like Azerbaijan, which needs to have stable prices for fossil fuels, the Chinese economy is also an important factor. When the Chinese economy grows faster, the demand for fossil fuels increases. So, we are actually interested, from this point of view, in China's economy always growing. But it is not easy. Because, when you grow year after year, you build up a bulk. So, it's always difficult to continue," Ilham Aliyev said.