The People’s Republic of China is a country located in East Asia, it happens to be the third largest country by total area in the world with being the world’s most populous country with a total population of around 1.404 billion. China is the world’s second largest economy by nominal GDP and the worlds largest economy by purchasing power parity. China was the world’s fastest-growing major economy, with growth rates averaging 6% over 30 years.

“To maintain sustainable economic development, we need to shift our focus from speed to quality” – Li Yuanchao, Vice-President of China.