2017: A Good Year for China

F E AT U RE S Text by Li Xia

China Pictorial (English) - - News - The au­thor is edi­tor-in-chief of China Pic­to­rial.

The world wit­nessed in­creas­ing un­cer­tainty and many emerg­ing chal­lenges in 2017. Many are pon­der­ing in which di­rec­tion hu­mankind should steer its fu­ture de­vel­op­ment. Af­ter decades of un­prece­dented growth fol­lowed by land­mark suc­cesses in the past year, per­haps China has some an­swers that would be uni­ver­sally ben­e­fi­cial.

China and the World

In 2017, prob­lems such as ter­ror­ism, in­creas­ing refugee flow, re­gional con­flict, poverty, un­em­ploy­ment and iso­la­tion­ism still plagued the world.

In this con­text, Chi­nese Pres­i­dent Xi Jin­ping launched an ini­tia­tive to build a com­mu­nity with a shared fu­ture for all mankind and pro­posed Chi­nese so­lu­tions to drive global eco­nomic growth and bal­ance glob­al­iza­tion—con­tribut­ing Chi­nese wis­dom to the whole world with an eye on solv­ing com­mon chal­lenges.

On Jan­uary 17, 2017, the World Eco­nomic Fo­rum An­nual Meet­ing com­menced in Davos, Switzer­land. In a con­text of mount­ing un­cer­tainty aris­ing from po­lit­i­cal changes in the United States and Europe amid surg­ing anti-glob­al­iza­tion sen­ti­ment and iso­la­tion­ism, Pres­i­dent Xi’s speech at the meet­ing drew par­tic­u­lar in­ter­est from par­tic­i­pants from around the world. In the speech, Xi re­marked, “World his­tory shows that hu­man civ­i­liza­tion’s road has never been smooth and that mankind has ac­cel­er­ated progress by over­com­ing dif­fi­cul­ties. No dif­fi­culty, how­ever daunt­ing, will stop mankind from ad­vanc­ing. When en­coun­ter­ing dif­fi­cul­ties, we should not com­plain about things that can­not be con­trolled, blame oth­ers, lose con­fi­dence or run away from re­spon­si­bil­ity. We should join hands and rise to the chal­lenge.”

Dur­ing the G20 sum­mit in Ham­burg on July 7 and 8, China’s role and in­flu­ence in the world be­came front-page news in West­ern me­dia. Ger­man news­pa­per Der Tagesspiegel com­mented that Pres­i­dent Xi Jin­ping made a big state­ment as the leader of a re­spon­si­ble world power at the Ham­burg sum­mit. The New York Times re­marked that Pres­i­dent Xi Jin­ping’s at­ten­dance at the G20 sum­mit in Ham­burg po­si­tioned Bei­jing as “the globe’s new­est, big­gest de­fender of a mul­ti­lat­eral, rules­based sys­tem.”

Pres­i­dent Xi also at­tended the Asia-pa­cific Eco­nomic Co­op­er­a­tion (APEC) Eco­nomic Lead­ers’ Meet­ing held from Novem­ber 10 to 14 in Da Nang, Viet­nam. In sharp con­trast to U.S. Pres­i­dent Don­ald Trump’s “Amer­ica First” phi­los­o­phy, Xi called for a de­fense of glob­al­iza­tion and con­struc­tion of more mul­ti­lat­eral trade mech­a­nisms and free trade ar­eas, which won ap­plause at the meet­ing. The Diplo­mat com­mented that Xi’s speeches in fa­vor of glob­al­iza­tion, free trade and mul­ti­lat­eral or­ga­ni­za­tions are more re at­trac­tive to the world than any of f the al­ter­nates.

“From Davos to Geneva, from m Ham­burg to Da Nang, Pres­i­dent Xi de­liv­ered a se­ries of im­por­tant speeches, lay­ing out China’s clear po­si­tion on a range of is­sues and sug­gest­ing the way for­ward for the e world econ­omy while mak­ing ma­jor or con­tri­bu­tions to global gov­er­nance,” e,” noted Chi­nese For­eign Min­is­ter Wang Yi. “China is emerg­ing as the most t pos­i­tive fac­tor in the evo­lu­tion of the in­ter­na­tional sys­tem and the most dy­namic force for im­prov­ing global al gov­er­nance. The Chi­nese Dream is s in­creas­ingly linked with the dreams s of the world.”

The ap­proach of pur­su­ing shared ared ben­e­fits through con­sul­ta­tion and col­lab­o­ra­tion opens new path­ways s for elim­i­nat­ing deficits in global de­vel­op­ment and gov­er­nance, achiev­ing sus­tain­able de­vel­op­ment t and bal­anc­ing glob­al­iza­tion. The three hree up­graded pil­lars of eco­nomic, trade de and fi­nan­cial co­op­er­a­tion, po­lit­i­cal and se­cu­rity co­op­er­a­tion, and peo­pleleto-peo­ple ex­change have cre­ated brighter prospects for co­op­er­a­tion n be­tween BRICS coun­tries.

From May 14 to 15, 2017, the Belt and Road Fo­rum for In­ter­na­tional Co­op­er­a­tion was held d in Bei­jing. Over the four years since ce Pres­i­dent Xi pro­posed the Belt and d

Road Ini­tia­tive, China has signed Belt and Road co­op­er­a­tion agree­ments with 80 coun­tries and or­ga­ni­za­tions, con­ducted in­sti­tu­tion­al­ized co­op­er­a­tion on in­dus­trial ca­pac­ity with over 30 coun­tries and built 75 over­seas eco­nomic and trade co­op­er­a­tion zones in 24 coun­tries un­der the Belt and Road frame­work. Chi­nese busi­nesses have in­vested over US$50 bil­lion and cre­ated nearly 200,000 lo­cal jobs in coun­tries along the Belt and Road.

The Belt and Road Ini­tia­tive is a suc­cess­ful ex­am­ple of China in­no­vat­ing so­lu­tions to help the en­tire world. The Belt and Road Fo­rum for In­ter­na­tional Co­op­er­a­tion

at­tracted en­thu­si­as­tic at­ten­tion from around the globe. France’s AFP re­ported that the fo­rum not only strength­ened China’s eco­nomic and trade con­nec­tiv­ity with the out­side world, but also show­cased its ef­forts to op­pose trade pro­tec­tion­ism and de­fend eco­nomic glob­al­iza­tion.

The 9th BRICS Sum­mit, held in Xi­a­men from Septem­ber 3 to 5, was an­other im­por­tant in­ter­na­tional event hosted by China in 2017. Pres­i­dent Xi Jin­ping de­liv­ered a se­ries of sig­nif­i­cant speeches dur­ing the sum­mit. The Wash­ing­ton Post quoted Pres­i­dent Xi say­ing that “pro­tec­tion­ism and in­ward-look­ing men­tal­ity are on the rise… Only open­ness de­liv­ers progress, and only in­clu­sive­ness sus­tains such progress.”

As a ris­ing great power, China is com­mit­ted to build­ing a new type of ma­jor-coun­try re­la­tion­ship with ra­tio­nal­ity and wis­dom, safe­guard­ing re­gional sta­bil­ity with hon­esty and re­spon­si­bil­ity and deep­en­ing co­op­er­a­tion and friend­ship with neigh­bor­ing coun­tries through prag­ma­tism and com­mu­ni­ca­tion.

In Jan­uary 2017, Don­ald Trump was in­au­gu­rated as the 45th pres­i­dent of the United States, stir­ring up con­cern for the fu­ture of China-u.s. re­la­tions. Later, a se­ries of high-level in­ter­ac­tions be­tween the two coun­tries drew world­wide at­ten­tion, in­clud­ing Pres­i­dent Trump’s Lu­nar New Year mes­sage to Pres­i­dent Xi, a phone call be­tween the two pres­i­dents, Chi­nese State Coun­cilor Yang Jiechi’s visit to the U.S., the meet­ing be­tween Chi­nese and U.S. for­eign min­is­ters on the side­lines of the G20 For­eign Min­is­ters’ Meet­ing in Bonn, and the first in-per­son meet­ing be­tween Pres­i­dent Xi and Pres­i­dent Trump at the Mar-a-largo es­tate in South Florida. China and the U.S. an­nounced four-pronged high-level el di­a­logue mech­a­nisms cov­er­ing top­ics pics such as diplo­macy and se­cu­rity. The he two coun­tries agreed to launch a 100-day ac­tion plan to im­prove bi­lat­eral trade ties. Bloomberg quoted oted ex­perts as say­ing that “the meet­ing g be­tween U.S. Pres­i­dent Don­ald Trump and Chi­nese Pres­i­dent Xi Jin­ping was a con­struc­tive step to­ward stronger ties.”

Soon af­ter the con­clu­sion of the 19th Na­tional Congress of the e Com­mu­nist Party of China (CPC), , U.S. Pres­i­dent Don­ald Trump made de a state visit to China. The Newyork rk Times com­mented, “One tan­gi­ble gain from Mr. Trump’s trip—us$250 250 bil­lion worth of busi­ness agree­ments nts be­tween Amer­i­can and Chi­nese com­pa­nies—was viewed as a to­ken n of Chi­nese good will.”

In 2017, Chi­nese Pres­i­dent Xi Jin­ping and his Rus­sian coun­ter­part rt

Vladimir Putin ex­changed vis­its and met five times. The two sides agreed to main­tain con­sis­tent, close co­or­di­na­tion on ma­jor is­sues con­cern­ing global strate­gic sta­bil­ity, forge greater syn­ergy in de­vel­op­ment strate­gies that will re­vi­tal­ize Eurasia, and steer China-rus­sia strate­gic co­or­di­na­tion to­ward higher lev­els and into more ar­eas at greater depths. The China-rus­sia re­la­tion­ship has be­come a cor­ner­stone of world peace and sta­bil­ity, fair­ness and jus­tice and win-win co­op­er­a­tion.

In June 2017, In­dian bor­der troops tres­passed into China’s Dong Lang area, arous­ing con­cerns that the two coun­tries could fall into mil­i­tary con­flict. How­ever, the Chi­nese kept na­tional in­ter­ests in mind and main­tained re­straint through­out the or­deal. The event demon­strated not only the value and em­pha­sis China places on its re­la­tion­ship with In­dia but also its sin­cer­ity and sense of re­spon­si­bil­ity in main­tain­ing re­gional peace and sta­bil­ity.

Last year, re­la­tions be­tween China and the Repub­lic of Korea (ROK) en­coun­tered head­winds due to de­ploy­ment of the THAAD mis­sile sys­tem. Since Pres­i­dent Moon Jae-in took of­fice, he placed greater fo­cus on main­tain­ing friend­ship and co­op­er­a­tion with China. The two sides reached agree­ment on han­dling the THAAD is­sue for the time be­ing. On De­cem­ber 13, 2017, Pres­i­dent Moon Jae-in paid a state visit to China. Dur­ing his meet­ing with Pres­i­dent Moon Jae-in, Pres­i­dent Xi Jin­ping pointed out that China and the ROK are close neigh­bors and strate­gic co­op­er­a­tion part­ners. The two coun­tries have made re­mark­able progress in ex­change and co­op­er­a­tion in var­i­ous fields, pro­duc­ing tremen­dous ben­e­fits for both sides since the es­tab­lish­ment of diplo­matic re­la­tions 25 years ago. There have been re­cent twists and turns in China-rok re­la­tions which have only served to pro­vide en­light­en­ment for both sides on how to bet­ter cre­ate a fu­ture for bi­lat­eral re­la­tions on the ba­sis of mu­tual re­spect for each other’s core in­ter­ests.

In 2017, the Demo­cratic Peo­ple’s Repub­lic of Korea (DPRK) con­ducted a to­tal of six nu­clear tests, and the Korean nu­clear is­sue es­ca­lated ten­sion in the re­gion. On the Korean Penin­sula nu­clear is­sue, China has firmly stood by goals of up­hold­ing the in­ter­na­tional non­pro­lif­er­a­tion regime, safe­guard­ing peace and sta­bil­ity of and de­nu­cle­ariz­ing the Penin­sula, while re­main­ing com­mit­ted to re­solv­ing the is­sue through di­a­logue and ne­go­ti­a­tion. The in­ter­na­tional com­mu­nity has no­ticed that China

has fully and strictly con­curred on Dprk-re­lated res­o­lu­tions of the UN Se­cu­rity Coun­cil. While tak­ing con­crete ac­tions to curb the DPRK’S nu­clear and mis­sile de­vel­op­ment, China has pro­posed a “sus­pen­sion for sus­pen­sion” strat­egy with the aim of cre­at­ing con­di­tions for re­sum­ing di­a­logue and ne­go­ti­a­tion.

China in the New Era

In his re­port to the 19th CPC Na­tional Congress, Pres­i­dent Xi Jin­ping de­clared, “Chi­nese so­cial­ism’s en­trance into a new era is, in the his­tory of the de­vel­op­ment of the Peo­ple’s Repub­lic of China and the his­tory of the de­vel­op­ment of the Chi­nese na­tion, of tremen­dous im­por­tance. In the his­tory of the de­vel­op­ment of in­ter­na­tional so­cial­ism and the his­tory of the de­vel­op­ment of hu­man so­ci­ety it is of tremen­dous im­por­tance.”

Last year wit­nessed the 20th an­niver­sary of Hong Kong’s re­turn to China and the 90th an­niver­sary of the found­ing of the Chi­nese Peo­ple’s Lib­er­a­tion Army (PLA). Such cel­e­bra­tions not only kin­dled pride and pa­tri­o­tism in the hearts of the Chi­nese peo­ple, but also drew global at­ten­tion.

July 1, 2017 marked the 20th an­niver­sary of Hong Kong’s re­turn to her moth­er­land. From June 29 to July 1, Pres­i­dent Xi Jin­ping vis­ited Hong Kong to at­tend a cel­e­bra­tion gala and the in­au­gu­ral cer­e­mony of the fifth-term gov­ern­ment of the Hong Kong Spe­cial Ad­min­is­tra­tive Re­gion. He noted that the prac­tice of “One Coun­try, Two Sys­tems” in Hong Kong is a suc­cess rec­og­nized by all.

Forbes com­mented that “The growth of the city [Hong Kong] was spec­tac­u­lar; the GDP al­most dou­bling in the 20 years since.” Ja­pan’s Ni­hon Keizai Shim­bun quoted a Hong Kong busi­ness­man as say­ing that the pros­per­ity of Hong Kong can be at­trib­uted to the im­ple­men­ta­tion of “One Coun­try, Two Sys­tems,” and the Belt and Road Ini­tia­tive presents a huge op­por­tu­nity for the city’s fu­ture de­vel­op­ment.

On July 30, a mil­i­tary pa­rade cel­e­brat­ing the 90th an­niver­sary of f the found­ing of the PLA at­tracted d at­ten­tion both at home and abroad. d. In his speech at the rally, Pres­i­dent t Xi de­clared that China’s army will res­o­lutely safe­guard na­tional sovereignty, se­cu­rity and de­vel­op­ment ment in­ter­ests, a quote that was grabbed d by many for­eign me­dia or­ga­ni­za­tions. ons. Re­sults of China’s mil­i­tary re­form and mod­ern­iza­tion also drew world­wide in­ter­est. The Sin­ga­pore- based news­pa­per Lianhe Zaobao com­mented that the ap­pear­ance of f more new mil­i­tary equip­ment at the he pa­rade ev­i­denced China’s in­creas­ing ng trans­parency in mil­i­tary af­fairs.

On De­cem­ber 31, 2016, Pres­i­dent Xi Jin­ping said in his New Year speech that when the 19th CPC Na­tional Congress con­vened ed in 2017, par­tic­i­pants would draw a blueprint to build so­cial­ism with Chi­nese char­ac­ter­is­tics. The e 19th CPC Na­tional Congress was s a greatly im­por­tant meet­ing that took place dur­ing the de­ci­sive stage of con­struc­tion of a mod­er­ately pros­per­ous so­ci­ety in all re­spects and at the crit­i­cal mo­ment as so­cial­ism with Chi­nese se char­ac­ter­is­tics en­tered a new era. It was also a meet­ing of global sig­nif­i­cance as China strides closer er to cen­ter stage in the world. The global me­dia opined that in a time me when in­ter­na­tional sit­u­a­tions are un­der­go­ing pro­found changes, the he 19th CPC Na­tional Congress is not only cru­cial to China’s fu­ture e de­vel­op­ment, but also heav­ily in­flu­en­tial on the world.

For­eign me­dia or­ga­ni­za­tions in­ter­preted the im­por­tant mean­ing g and in­flu­ence of the re­port made by Pres­i­dent Xi at the congress

from a va­ri­ety of per­spec­tives. They sur­mised that the re­port out­lines a roadmap for China’s de­vel­op­ment in the decades to come and sets a de­tailed blueprint for the re­al­iza­tion of the Chi­nese Dream, as well as that Xi Jin­ping Thought on So­cial­ism with Chi­nese Char­ac­ter­is­tics for a New Era will lead China to new achieve­ments. U.S News & World Re­port published an ar­ti­cle ti­tled “What China’s Na­tional Congress Means for the U.S.,” in which it printed: “The re­sults could in­flu­ence whether Bei­jing will be­come more will­ing to co­op­er­ate on crit­i­cal but con­tentious is­sues that mat­ter a lot to the United States.” The Aus­tralian Broadcasting Cor­po­ra­tion (ABC) com­mented that since China is Aus­tralia’s largest trade part­ner, the eco­nomic poli­cies de­ter­mined at the 19th CPC Na­tional Congress will un­doubt­edly in­flu­ence the coun­try.

In 2017, China’s econ­omy re­al­ized mod­er­ate but sound growth as var­i­ous re­forms were pushed deeper and broader. In par­tic­u­lar, sup­ply­side struc­tural re­form has pro­duced promis­ing early re­sults.

China’s re­mark­able achieve­ments in eco­nomic growth last year in­spired con­fi­dence. Data from re­search group Euromon­i­tor In­ter­na­tional showed that the av­er­age wages in China’s man­u­fac­tur­ing sec­tor have sur­passed that of Latin Amer­ica. The Fi­nan­cial Times opined that this de­vel­op­ment tes­ti­fies to the progress China has made in im­prov­ing the liv­ing stan­dards of its peo­ple. The Econ­o­mist pointed out in an ar­ti­cle that China has be­come a fi­nan­cial tech leader and wit­nessed es­pe­cially im­pres­sive rapid de­vel­op­ment in mo­bile pay­ments, on­line lend­ing and in­ter­net in­vest­ment. Bloomberg re­ported that sta­tis­tics re­leased by the Cen­ter for Euro­pean Eco­nomic Re­search, Stan­dard Char­tered Bank and other in­ter­na­tional fi­nan­cial in­sti­tu­tions show China’s econ­omy is be­com­ing stronger and more promis­ing.

On De­cem­ber 14, the Na­tional Bureau of Sta­tis­tics of China re­leased data on the coun­try’s macro econ­omy in the first 11 months of 2017. Mao Shengy­ong, spokesper­son of the bureau, sum­ma­rized the cur­rent sit­u­a­tions of China’s econ­omy as fol­lows: First, the sta­ble operation of China’s econ­omy is show­ing strong tenac­ity. Sec­ond, the op­ti­miza­tion of China’s eco­nomic struc­ture has pro­duced many high­lights. Third, China is soundly im­prov­ing the qual­ity and ef­fi­ciency of its eco­nomic growth. This is not only demon­strated by fa­vor­able out­looks for China’s econ­omy, but also re­in­forced by its move to build a mod­ern­ized eco­nomic sys­tem and achieve high- qual­ity de­vel­op­ment, which has deep­ened sup­ply- side struc­tural re­form, pro­mot­ing sta­ble growth, eco­nomic re­struc­tur­ing, liveli­hood im­prove­ment and risk pre­ven­tion while ac­cel­er­at­ing healthy eco­nomic and so­cial de­vel­op­ment for the long- term.

In 2017, China re­al­ized out­stand­ing sci­en­tific and tech­no­log­i­cal achieve­ments in fields such as ex­pe­di­tions to space and into the ocean, high-speed rails, and su­per­com­put­ing, which has raised eye­brows around the world when cou­pled with China’s eco­nomic growth.

On April 20, 2017, China’s first cargo space­craft, Tianzhou-1, blasted into space from the Wen­chang Space Launch Cen­ter. “China has launched its first do­mes­ti­cally-en­gi­neered cargo space­craft, a cru­cial step in Bei­jing’s goal to launch and re­sup­ply a manned space sta­tion by 2022,” re­ported The Fi­nan­cial Times. A few days later, on April 26, China launched its first do­mes­ti­cally-made air­craft car­rier, which was de­scribed by The Wall Street Jour­nal as “a demon­stra­tion of the grow­ing tech­ni­cal so­phis­ti­ca­tion of its de­fense in­dus­tries and de­ter­mi­na­tion to safe­guard its mar­itime ter­ri­to­rial claims and cru­cial trade routes.” On May 5, 2017, the C919, China’s first home­grown large pas­sen­ger jet to meet world­class stan­dards, com­pleted its maiden flight at Shang­hai Pudong In­ter­na­tional Air­port. Many for­eign me­dia or­ga­ni­za­tions be­lieved that the de­vel­op­ment tes­ti­fied to China’s am­bi­tious com­mit­ment to de­velop a high-tech econ­omy and a cru­cial step to­ward great ca­pa­bil­i­ties in avi­a­tion.

On June 15, 2017, China’s first X-ray as­tron­omy satel­lite, Huiyan, was sent into space atop a Long March-4b rocket. On Septem­ber 29, China launched three re­mote sens­ing satel­lites on a Long March2C rocket. On Novem­ber 5, China launched two Bei­dou-3 satel­lites into space via a sin­gle car­rier rocket to sup­port its global nav­i­ga­tion and po­si­tion­ing net­work. On Novem­ber 13, the TOP500 su­per­com­put­ers list was of­fi­cially re­leased. China’s Sun­way Tai­hu­light and Milky Way-2 main­tained the first and sec­ond places, re­spec­tively, for the fourth time.

In 2017, China ac­com­plished re­mark­able achieve­ments in realms of pol­i­tics, eco­nom­ics, diplo­macy and sci­ence and tech­nol­ogy while play­ing a ma­jor role in re­gional and global af­fairs by con­tribut­ing Chi­nese wis­dom and so­lu­tions.

by Rao Aimin/ Xinhua

May 15, 2017: Chi­nese Pres­i­dent Xi Jin­ping, for­eign del­e­ga­tion heads and guests exit the Yanqi Lake In­ter­na­tional Con­ven­tion Cen­ter af­ter the first ses­sion of the Lead­ers' Round­table Sum­mit at the Belt and Road Fo­rum for In­ter­na­tional Co­op­er­a­tion in Bei­jing.

by Lan Hong­guang/ Xinhua

Jan­uary 17, 2017: Chi­nese Pres­i­dent Xi Jin­ping and Klaus Sch­wab, founder and ex­ec­u­tive chair­man of the World Eco­nomic Fo­rum ( WEF), dur­ing the open­ing ple­nary of the 2017 WEF an­nual meet­ing in Davos, Switzer­land, at which Pres­i­dent Xi de­liv­ered a key­note speech ti­tled “Jointly Shoul­der Re­spon­si­bil­ity of Our Times, Pro­mote Global Growth.”

by Pang Xin­glei/ Xinhua

Septem­ber 5, 2017: Chi­nese Pres­i­dent Xi Jin­ping meets the me­dia at the Xi­a­men In­ter­na­tional Con­fer­ence Cen­ter dur­ing the 9th BRICS Sum­mit. The sum­mit was an­other im­por­tant in­ter­na­tional event hosted by China in 2017.

Xinhua

Septem­ber 10, 2017: A girl watches a high-speed train model in the China Pav­il­ion at the Thes­sa­loniki In­ter­na­tional Fair. Ac­cord­ing to a June 2017 sur­vey, youths from coun­tries along the Belt and Road listed high­speed rail, on­line shop­ping, Ali­pay and bike shar­ing as China's “new four great in­ven­tions.”

by Li Jizhi/xinhua

2 2 Septem­ber 18, 2017: Ali­pay, China's lead­ing on­line third-party pay­ment plat­form, signs a mem­o­ran­dum of un­der­stand­ing with the Na­tional In­vest­ment and Trade Pro­mo­tion Agency of Fin­land in Helsinki to pro­mote us­age of Ali­pay in Fin­land.

Xinhua

3 3 June 29, 2017: Lo­cals ride Mo­bike's shared bikes in Manchester, Bri­tain. A lead­ing Chi­nese bi­cy­cle-shar­ing com­pany, Mo­bike launched ser­vice in the Greater Manchester area in June 2017.

by Li Ming/xinhua

1 1 Oc­to­ber 31, 2017: Re­nato Guimaraes, head of the De­part­ment of Physics at Brazil's Flu­mi­nense Fed­eral Univer­sity, dis­plays a re­us­able cof­fee cap­sule he bought via Ali­ex­press, a global e-com­merce plat­form un­der China's Alibaba Group.

by Li Gang/ Xinhua

April 26, 2017: China launches its first do­mes­ti­cally de­vel­oped air­craft car­rier in Dalian, Liaon­ing Province. Last year, China re­al­ized out­stand­ing sci­en­tific and tech­no­log­i­cal achieve­ments, which has raised eye­brows around the world when cou­pled with the coun­try's eco­nomic growth.

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