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China's economy is one of the fastest growing economies in the world, with recorded growth of 6.7 percent in 2016, compared to 1.6 percent of the US, according to the IMF's Economic outlook. A new study by PricewaterhouseCoopers says China is projected to overtake the US as the world's largest economy by 2050, India will rank second, while the US will slip to third. This trend is intensifying the trade competition between China and the US. While the West views Africa as a trouble spot of instability and a source of illegal immigrants, China eyes Africa as an economic partner.

China's entering into a new era proves the validity and rationality of its development path, showing confidence in its path, theories, institutions and culture, said Liu Xin, China Global Television Network host at a forum hosted by China Daily recently.

China's fixed-asset investment grew 8.9 percent year-on-year to 4.14 trillion yuan in the first two months the year, up from 8.1 percent in 2016, according to the National Bureau of Statistics.

China's northeastern industrial heartland is on course for a revival in its fortunes as local governments take measures to restructure the local economy through upgrading heavy industry and cooperating with more developed coastal provinces.

China's civil aviation regulator said on Wednesday it has suspended a Thai Lion Air route between Bangkok and Guangzhou for one week after passengers on a recent flight tested positive for COVID-19, as well as a Thai AirAsia X route between Bangkok and Tianjin.