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China is considered a world leader in technology use, according to the latest report on the Dynamics of Chinese People.

China has tightened management of local government debt since 2014, and the policy framework has been improved gradually, including the introduction of a debt ceiling and the launching of an emergency disposal mechanism for debt defaults.

China is the world's biggest intelligent electric vehicle market, and Chinese consumers have a strong demand for such vehicles and are very open to innovation or new things, which is completely different from Europe and the United States, Carsten Breitfeld, CEO and co-founder of Byton, said in an interview with China Daily.

China has set a target to eliminate extreme poverty by 2020. This year, the leading poverty alleviation office called for integrated efforts nationwide, including upgrading rural industrial structures to prevent those lifted out of poverty from sliding back into difficulty.

China is in the process of reforming its SOEs. These reforms are useful and needed. But, facile statements that ignore industry differences and the terrible track record of capital-intensive near-monopolies of other countries are, at best, misleading.