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China is pushing the PPP model to reduce government debt burdens and improve efficiency, but has only seen a tepid response from private businesses, partly due to low returns and difficult risk control.
China is a much larger economy. There is not enough potential import demand in the world to continue as a main driver of the economy's growth. It takes longer to grow organically from domestic demand.

China is expected to fulfill the goal proposed in 2016 to shut down 500 million tons of coal capacity and consolidate another 500 million tons into the hands of fewer but more efficient mine operators within three to five years in 2018.
China has vowed to further promote fair market competition as part of the deepening reform and opening-up efforts to improve its socialist market economy in the 14th Five-Year Plan (2021-25) period, according to a communique of the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, which was held from Oct 26 to 29.
China is set to eliminate absolute poverty by the end of this year, and meet the poverty eradication goal set out in the UN 2030 agenda for sustainable development 10 years ahead of schedule.
来源:资阳报