Using economic wisdom to decipher which category China belongs to

Emerging market economies are countries that are relatively economically backward but have the potential for rapid growth, including countries in Asia, Africa, Latin America and Eastern Europe. China, as an emerging market economy, has experienced rapid economic development since its reform and opening up, and has become the second largest economy and the largest developing country in the world. China's economic development model is mainly characterized by export-led, investment-driven and consumption-pull, and it is also pushing forward the supply-side structural reform, strengthening infrastructure construction and upgrading innovation capacity in order to improve the quality and efficiency of its economy. In the context of globalization, China's economic influence and status have become more and more important, and it has become an important participant and contributor to the world economy.