China's robust economy expected to spur global growth

Electric carmaker giant Tesla witnessed China's speed as its Shanghai gigafactory delivered the first 15 Model 3 cars to customers less than one year after it began operation. - Xinhua

BEIJING (Xinhua): With the arrival of a new decade, one predictable thing about China in the 2020s is that it is shifting into a higher-quality economy that is more open and abounds with new opportunities for global businesses.

Despite a cloud of challenges, China's economy wrapped up 2019 with 6.1-per cent GDP growth as a top performer among comparable economies. Acting as a "locomotive," it is expected to contribute to around 30 per cent of global growth.