BEIJING: China, as the world's second largest economy, now stands as a great growth globalizer that is well positioned to further boost economic globalization and common prosperity worldwide at the same time, a new form of globalization described by many as "growbalization."

Over the past 20 years since its accession to the World Trade Organization (WTO), China has embarked on an odyssey to embrace globalization by constantly deepening its integration into the global economy.

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