Data from the World Bank showed that during the 2013-2021 period, China's contribution to global economic growth averaged 38.6 percent, higher than that of the Group of Seven countries combined.
China's economic output has jumped from 53.9 trillion yuan($8.06 trillion) in 2012 to 114.4 trillion yuan($17.11 trillion) in 2021.
China has become a major trading partner for more than 140 countries and regions, it leads the world in total volume of trade in goods, and it is a major destination for global investment and a leading country in outbound investment.