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China's reform and opening-up has opened up new vistas for the country while lifting more than 800 million people out of poverty. The use of social and scientific innovation in economic growth and technology, and a focus on "made in China", apart from reforms at all levels, including industry, education, health and other important areas, are reasons behind the country's progress and prosperity.
China-funded development projects in Sri Lanka have helped to boost the South Asian country's economy and enhance its competitiveness, according to analysts who rejected claims that the partnerships have created a "debt trap".
China's strategic focus on strengthening self-sufficiency while deepening opening-up will cement its economic resilience and provide global investors with stability despite the lingering uncertainties brought by the COVID-19 pandemic, analysts said on Sunday.
China’s percentage is lower than the 2.2 percent world average. India and Vietnam, two of China’s neighbors, spent 2.5 percent and 2.4 percent in 2016, respectively, of GDP on the military.
Chinese President Xi Jinping once proposed the concept of "lucid waters and lush mountains are invaluable assets" as a measure to boost the "ecological civilization".
来源：资阳报