Expert lauds China's globalization role

The world can expect much from China's continuing championing of economic globalization, according to Jon Taylor, a China scholar and professor at the University of St. Thomas in Houston, Texas.

"China has a strong sense of global responsibility and desires to play a greater global governance role," he said, pointing to President Xi Jinping's speech at the Davos Forum in January, which laid the groundwork for China's future role as leader in an increasingly economically integrated world.

"Xi's speech was, in many respects, a real turning point for China, which has embraced globalization with enthusiasm since reform and opening-up began in late 1978," Taylor said.