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China is already the second-largest economy in the world. And now it continues to grow at a more moderate pace under a new normal. The country is now playing an important role in many areas. For example, China is now the largest automotive market in the world, and the country has more than 220 million registered vehicles. China is also one of the biggest trade markets in both export and import. Besides, China is a big manufacturing nation, and it is also aiming to become a strong one in the coming future.
China has to walk a fine balance between local government debt management and stable economic growth, especially at a time when trade tensions with the United States have imposed more downward pressure, said economists.
China is also trying to mend a broken global governance system by championing the establishment of the Asia Infrastructure Investment Bank so that funding gaps left by the post-war institutional arrangements, including the International Monetary Fund and the World Bank, can be covered.
China is a country that advocates reciprocity and the Chinese nation has a tradition of helping those in distress, Wang said, stressing China will never forget Europe's help when it was hit hard by COVID-19 and would never just look on when Europe faces the same plight.
China is one of Tesla's most important markets, where it sold 17,030 cars last year, accounting for 16.5 percent of its global sales, according to statistics from the China Passenger Car Association.
来源：资阳报