In light of recent statistics regarding China’s economic growth, Zhang Monan discusses the “new normality” of Chinese economic growth. In addition to this, Monan discusses the weakening of the driving forces of net exports and its effect on economic growth in China. Moreover, Zhang Monan asserts that Chinese domestic investment is undergoing rebalancing due to a change in consumer demand.

Following World Bank projections that China will become the largest global economy based on purchasing power parity, William Yu contends that better economic ranking indicators exist, like market exchange rate. Using this measurement, where U.S. GDP was calculated at $17 trillion compared to China’s $9.1 trillion, China’s economy is expected to surpass the U.S.’s sometime in the next two decades.

Recent reports on China’s GDP are based on an overestimation of China’s purchasing power parity due to different calculation methods, writes Niu Li. While China’s aggregate economy is very large, it must continue to build up its service industry and increase domestic demand rather than solely focusing on the quantity of economic growth.

Despite predictions that the Chinese economy will overtake the US in 2014, China will still remain world No.2 for years, writes He Weiwen.

China’s former model of growth is not sustainable and balanced. China has to shift its growth model to one that is quality-based, environment-friendly, and consumption-driven, writes He Weiwen.

While China is virtually certain to be the world’s biggest trade nation, Yu Xiang points out four key reasons why the country is yet to be the strongest trade nation and urges for the expansion of the US-China trade relationship.

Over the last two decades, a consensus about China's growth model has emerged, with observers arguing that a shift to an intensive, efficiency-driven growth is essential. But empirical research reveals a critical flaw in this assessment – namely, that annual efficiency gains in China far exceed those of the US.

Liu Shijin outlines three policy targets that will be conducive to steady growth in China’s economy, which can then rapidly shift to a more stable rate.

Zhang Jun examines the factors affecting China’s potential rate of GDP growth.

Zhang Monan writes that China’s new round of reform will bring dividends generated by activated domestic consumption, institutional reform and a new round of globalization.