China's rise has focused international attention in recent years and China Studies now tops the agenda of academia and decision-making circles around the world.The reasons can be traced to tremendous transformations that have occurred in China since it launched reforms and opening-up policies. These changes have given rise to adjustments in the global economy and ensuing shifts in the North-South power balance. In fact, China has increasingly evolved into a driving force for the global economy,providing it with opportunities for expansion and providing it with a more spacious, relaxed environment. Such a win-win situation benefits sustainable global growth.Therefore, a correct grasp of the channels for this interaction and recognition of the harmony in growth between China and the world is crucial, both for China's further integration into the world, and the world's better understanding of this rising Asian power.