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An oft-asserted critique is that China's SOEs have a lower return on capital than private companies do, implying that the SOEs use resources less efficiently. It's true that the return on assets in the private sector was 7.6 percent versus 3.3 percent for SOEs in 2019, according to the National Bureau of Statistics. But the claim that this implies that these lower capital returns reflect poor efficiency is simply an inaccurate interpretation of economic theory.

And in the coming five years, "China is expected to import trillion of goods, attract 0 billion of foreign investment and make 0 billion of outbound investment," Ma added.

And that's not all. As well as aquatic weeds that can be used to feed crabs and purify water more effectively, Wang's company also produces more than 200 plant strains for water pollution control.

And to some Republicans, what the Trump administration did last week could threaten not only their own re-election, but control of the Senate and the White House.

Analysts pointed out that the congress has not only opened a new chapter for China's development for the new era, but also has contributed Chinese wisdom and solutions for the world at a time when global economic growth still faces uncertainties.