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China's high-speed rail is the second big thing that impressed the professor. "As you know, high-speed rail in China is perfectly smooth. It's almost always on time," he said. "It makes it easier for people to do business in China, and certainly makes it easier for me to go from city to city, and to work on the train."
China's development creates opportunities rather than challenges, still less threats, to Europe.
China's current account surplus was only 1.4 percent of GDP in the second half of 2017, sharply down from the the peak of over 10 percent of GDP in 2007.
China's debt level only grew slightly in the first three quarters. The debt level of the non-financial sector declined 2.9 percent year-on-year in the first three quarters, according to data from the think tank.
China's fixed-asset investment rose 5.5 percent year-on-year in the first seven months of the year, down from 6 percent for January-June, data from the National Bureau of Statistics showed Tuesday.
来源：资阳报