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China's long-term consumption potential is attractive and the country is already the world's largest retail market. Even if it grows at a slower pace, it will still be the fastest-growing market in the world, Liu said.
China's influence on the global economy, according to Liu, has gradually become more pronounced, with the spillover effect of its economy and policies having an increasingly larger impact across countries.
China's energy demand growth is expected to slow to 1.1 percent per annum by 2040, less than one fifth of its pace in the last 22 years of 5.9 percent per annum, according to the BP Energy Outlook 2019.
China's express delivery sector continued steady growth in the second quarter of this year.
China's foreign trade also remained steady, with the total imports and exports up 14.8 percent to stand at .2 trillion in the first 11 months, hitting a new high. The services trade increased 15 percent from a year ago to 656.2 billion US dollars in the first ten months, the world's second largest.
