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China is expected to lead the global economic recovery next year, with major economic organizations and economists projecting a robust performance by China's economy and foreign businesses remaining committed to the Chinese market.

China is the largest investor in building hydroelectric dams in this Southeast Asian nation.

China is capable of achieving a growth target of around 6.5 percent this year and domestic consumption will be a key growth driver, He Lifeng, minister of the National Development and Reform Commission, said Tuesday.He said the government will roll out more policies to boost investment, including greater support for private investment. He estimated investment will contribute about one-third to overall economic growth this year.Domestic consumption will be a strong growth driver and could contribute around 60 percent to the growth, along with the development of emerging industries and modern service sector, He told reporters at a news conference on the sidelines of the ongoing annual session of the National People's Congress, China's top legislature.The minister also expected China's foreign trade to maintain stable growth this year, as it is expected to contribute 8 to 9 percent to the country's overall economic growth.

China is recognized as a mature provider and generator of data, Prashara said, noting that China's project managers could be more tech-savvy than their counterparts elsewhere. "For the PMI, the China market is growing significantly. There is an opportunity for us to choose China as an innovation center where we can research new ways of working."

China has remained the world's largest auto market in terms of production and sales for nine years.