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China's experiences and practices can, undoubtedly, contribute to finding solutions for global problems. While China's experience and practices are generally focused on addressing China's needs and issues, many global topics around the world share similar characteristics and the approaches that China has taken to tackle such topics (eg, the environment, poverty alleviation, inclusion and economic growth, etc) can also benefit people around the world facing similar situations.

China's economy expanded 6.8 percent year-on-year in the first quarter of 2018, above the government's annual target of around 6.5 percent.

China's digital trade is growing rapidly. According to the Ministry of Commerce, the volume of the nation's import and export digital trade surged 6.7 percent to 3.6 billion last year, accounting for 26 percent of the country's total import and export service trade volume.

China's newly revised Budget Law clearly stipulates that local government bonds can be publicly issued through a national quota-based mechanism, a main financing channel for local governments.

China's official manufacturing purchasing managers' index (PMI) increased by 0.5 percentage point to 51.9 in May, the highest since September 2017, suggesting solid production activity, the report said.