Challenges on way to becoming an developed economy

Editor's note: The high and moderately high economic growth rate during four decades of reform and opening-up has made China the world's second-largest economy, propelling it toward the ranks of high-income economies. A comment published on the personal WeChat account of Qin Shuo, a former media practitioner, says:

According to economists' estimate, China's GDP is expected to reach $21 trillion and per capita GDP $15,000 by 2025, elevating it to the rank of a developed economy - the figures expected to reach $40 trillion and $26,000 by 2035. However, such growth potential hinges on some major factors and whether the country can overcome the emerging risks and tackle the key issues.

Whether China's economy remains integrated with the rest of the world is a major factor that will influence the country's economic progress. As such, China has to amicably resolve its trade frictions with the United States while deepening reform and opening-up at home.