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China has become a major engine for world economic recovery and growth, contributing nearly 30 percent on average to global economic growth every year, said Wang at the briefing in Geneva.
China is expected to import goods worth trillion from 2017 to 2021, while attracting 0 billion of foreign investment. "China is upgrading its industry and consumption structure," said Sang Baichuan, a professor at the Beijing-based University of International Business and Economics. "The huge market and emerging opportunities will attract more foreign capital, and that in turn, will further stimulate the country's industrial upgrading."
China is positioned to be a hot spot for world investment in electric vehicles, with about 45 percent of the total 0 billion in spending, estimated by Reuters, targeting China in the next five to 10 years.
China is home to 36 percent of the world's unicorn companies amid its transformation from a follower into a potential leader in technological innovation. Data shows Alibaba's Ant Financial and Didi Chuxing are among the top unicorn companies.
China is set to build a moderately prosperous society by 2020. To achieve the goal, the country needs to lift around 30 million poor rural residents out of poverty between 2018 and 2020.
来源：资阳报