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"Following the financial crisis in 2008, the shipping market entered a long period of downturn and as a result, many loss-making firms went bankrupt,"said Huang.

"For example, our index agrees with both the Barclays and the Bloomberg indices in estimating Chinese growth to have been around 11 percent in 2007, and not to have experienced a substantial spike before the financial crisis, while the official GDP series records growth as spiking from 12 to 15 percent between 2005 and 2007. However, our predictions for current Chinese growth rates are above those of market participants, as well as of the Chinese government itself," the report said.

"For more than three decades, China has achieved tremendous results in reducing poverty," she said. "As a long-term partner, the United Nations holds huge welcome to Chinese government and people towards further goals."

"Further opening up the banking and insurance sectors is not only essential for the development of Chinese economy and finance but also is conducive to enriching market entities and stimulate market vitality," Guo said.

"Get out there now to celebrate the historic milestones and unprecedented economic success and wealth creation that has taken place over the last 12 months," the Republican wrote. "Lowest female unemployment in 18 years!"