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China clearly is a strong power economically and politically. After four decades of development, China has also established itself as a global innovation leader.

China has accelerated local government bond issuance this year to help the timely implementation of various projects in order to mitigate the impacts of the novel coronavirus outbreak.

China carried out policy adjustments with stricter enforcement to accomplish the dual task of taming financial risks and promoting the sector to play a more significant role in bolstering the real economy.

China has nearly 4,450 shopping centers — four times the US — and an additional 7,000 are estimated to open by 2025. A 2016 report by the Chinese Academy of Social Sciences predicted that one-third of China's malls will be history by 2020, unless they transform.

China has become the world's largest ride-hailing market, but premium ride-hailing is still a no man's land. With the upgrading of domestic consumption, there are gaps in business travel for middle and high-end users to be filled.