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China has become the second-largest economy in the world after the United States. It overtook Japan in 2006. In 1949, China's GDP was less than 2 percent of the US GDP; in 2018, it was 64 percent.
China has called for aligned standards involved in trade among participating economies of the Belt and Road Initiative, to promote high-quality development of trade connectivity.
China grades its water in six bands, with the lowest "below grade 5" considered unusable even for industrial or irrigation purposes and described as "black and stinky" water.
China has ample experience to share when it comes to developing new energy vehicles and ironing out technological glitches for economies that are still at the preliminary stage, Nugroho noted.
China has also undertaken market deepening initiatives that incentivize the private sector and stimulate its further development. Gupta said this also serves as "an automatic economic stabilization mechanism for the broader economy when the state sector is unable, due to budgetary tightening, to make the necessary public investments."
来源：资阳报