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"China is the only economic power in the world expected to realize growth in the world in 2020," the newspaper said, citing the latest World Economic Outlook update by the International Monetary Fund, adding that the public opinion in the international community widely backed such inspiring confidence.

"China is actually becoming the leader in many markets and technologies that we are interested in," said Shafer, referring to digital platforms in China that help companies engage with customers.

"China has a large number of small and micro-businesses, and this helps create a large number of jobs in China," she said. "Yet such businesses also have clear disadvantages, such as being vulnerable to risks. This requires the government to give them more policy support, especially tax incentives, to help them grow steadily."

"China and Japan are both beneficiaries and defenders of globalization and the international order," said Zhou Weisheng, an economics professor at Ritsumeikan University in Kyoto. "They should work together from a historical and long-term vision to be reformers of the order rather than destroyers," he said.

"China has been developing so fast the past few years, and there are so many Chinese companies in Serbia. I often heard about China from them and was fascinated about it. I would like to know how China was able to develop so fast, and so I decided to study MBA here," she said.