China's transformation from a manufacturing-driven and export-led economy to one underpinned by services and domestic consumption is firmly underway.
Despite all the hand-wringing over China's slower economic growth, the Chinese economy remains the single largest contributor to world GDP growth.
There has been a growing wave of anti-globalization, anti-elitism, anti-establishment and the reemergence of populist politics in many countries.
The G20 meeting of the world's 20 most powerful nations in Hangzhou this September comes at a critical juncture for humanity.
Kazakh President Nursultan Nazarbayev is visiting China, a trip that began Thursday and will continue through the 11th Group of 20 (G20) summit in Hangzhou.
The Group of 20 (G20) summit in Hangzhou this weekend is not the first to be hosted by a BRICS (Brazil, Russia, India, China, and South Africa) country, one took place in Russia in 2015.
Brazil's new President Michel Temer won over a large number of Chinese fans on social media during the weekend with his down-to-earth, surprise stop at a shopping mall in Hangzhou.
Experts believe there isn't much of a risk that the mainland stocks will take a dive after last week's decline.
Placing reform and innovation at the top of its agenda, the G20 summit will bring new opportunities for not only China but also the world at large.
With the global economy posting the worst performance since the global financial crisis, worries about China are heightened, to the surprise of no one.