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China is known as a manufacturing giant, but what will the country's "calling card" be in the future?

China is a socialist country of people's democratic dictatorship under the leadership of the working class based on an alliance of workers and farmers; it is a country where all power of the state belongs to the people. China's socialist democracy is the broadest, most genuine, and most effective democracy to safeguard the fundamental interests of the people. The very purpose of developing socialist democracy is to give full expression to the will of the people, protect their rights and interests, spark their creativity, and provide systemic and institutional guarantees to ensure the people run the country.

China is ready to strengthen communication and coordination with South Africa to jointly safeguard multilateralism, international fairness and justice, as well as the common interests of developing countries including China and South Africa, Xi said.

China is starting to play a significant role in research and development, as well as design, along with the rise of global value chains, according to David Dollar, a senior fellow at the Brookings Institution's John L. Thornton China Center.

China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said.