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China's medium-to-high speed growth rate in recent years is on top of a very large base figure. In 2018, China continued to be the world's second largest economy, with its total GDP reaching 13.6 trillion US dollars. Its growth rate of 6.6% continued to be the fastest among the world's top five economies and its GDP increment was roughly the total GDP of Australia.
China's foreign trade volume registered hefty growth of 9.4 percent year-on-year to 6.75 trillion yuan (.07 trillion) in the first quarter of the year, buoyed by the steady recovery of the global economy and solid domestic demand, a customs spokesman said on Friday.
China's corporate debt-to-GDP ratio is high. The ratio went up in part because of the 4 trillion yuan stimulus package announced in 2008. At that time, the money for infrastructure projects was primarily raised by local government financing vehicles, for the central government did not want to see an excessively rapid increase in the deficit-to-GDP ratio.
China's exports recorded a mere 0.2 percent growth in December, while imports slumped 3.1 percent.
China's experiences and practices are already helping to solve global problems. For example, Chinese EPCs (engineering, procurement and construction companies) have been working on projects in developing markets for years, with additional growth spurred by the Belt and Road Initiative.
来源：资阳报