ABSTRACT
China has become an important global economic powerhouse, and its status in the global economy has been increasingly rising. Views from the world towards China's economic influences have fundamentally changed. China's economic growth has helped to mitigate global economic fluctuations. Over more than 30 years, the Chinese economy has maintained a steady and rapid growth, which to some extent has acted as a 'stabilizer' in restraining global economic fluctuations and promoting global economic stability. Moreover, this function has become more significant because of the growing share of China's economy in the global total. China's outbound foreign direct investment (OFDI) growth has contributed to the growth of investment in the world. The influences of the Chinese economy on the global economy have continuously increased. China's share in the international trade, cross-border investment, industrial system and financial market has witnessed a steady growth. China's rapid rise as a global economic powerhouse has increasingly attracted attention.
