China still the locomotive

As China's economy enters a new normal with a moderately slower growth rate, a question may arise among some in other countries whether its economic train will give others a free ride like it did in the past and whether such a pick-me-up is still attractive.

Consultation, joint development, sharing and win-win have been China's consistent principles in its interactions with the outside world and that will not change. Furthermore, China's accelerated efforts to promote the transformation of economic growth from extensive and factors-driven to intensive and innovation-driven will help its economic train run at a sounder speed and with sustainable power.

As China comprehensively deepens its reforms, its market access is expected to be further broadened, which will offer more "golden belts" for foreign investment. At the same time, the ever-growing consumption demands the country will have as it takes practical steps toward building a consumption-driven economy and makes steady efforts to promote urbanization will mean greater market potential for foreign goods.