Milestone on successful path

The dramatic transformation of China over the past four decades means there are significant statistics to mark the 40th anniversary of China's reform and opening-up this year. For example, the country's GDP hit 82.71 trillion yuan ($13.06 trillion) last year, about 230 times that of 1978, and China has lifted nearly 800 million people out of poverty.

Even the most diehard China-collapse pundits in the West are now having to rack their brains to come up with new theories in the face of dazzling track record of China over the past 40 years, during which, according to their theories, China should have collapsed several times.

Despite this, China still appreciates their "warnings", as they have served as milestones for the country's development, and served to remind its decision-makers to always be vigilant.