By FOX Sports staff
Sanchez, who moved to the Nou Camp from Udinese in the summer of 2011, has struggled for consistency at Barca despite showing occasional flashes of brilliance.
His failure to win a regular first-team spot under coach Tito Vilanova has seen him linked with a move to Serie A champions Juventus, and his Chile team-mate Arturo Vidal only recently said he would be welcome at the Bianconeri.
However, the 24-year-old has now gone on record to confirm he has no intention of leaving his current side.
"I feel important at the national team and at Barcelona," he told Sport.
"I'm happy with life at Barcelona."
Once regarded as one of the world's hottest prospects, Sanchez believes he still has what it takes to become a world-class player.
"I know what type of player I am, I know that I am a great player, I know that I can win games. I remain one of the best in the world even if I don't score.
"I am not a player who will score three or five goals per game.
"I give passes, and also score sometimes. I am not really a penalty box goalscorer, but I know I am still one of the best players in the world."
Sanchez began his career in his native Chile with Cobreloa but it was at Udinese where he really established himself as a quality forward after forming an impressive partnership with Antonio Di Natale.