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THE rise of China's GDP ranking has not only led the world to rediscover China, but also reminded China to examine its own development.Both sides of the issue should be considered.
On the one hand, China topping Japan [the world's previous second largest economy] in terms of GDP marks the rising of Chinas economic status, which is a milestone in the modern world economic history since Japan replaced the former Federal Republic of Germany as the world's second largest economy in 1968.