China is one of the oldest civilizations. Many elements which make up the basis of modern world start from China. Now China owns the economy which is developing the fastest in the world and is experiencing a new industrial revolution. China also starts the ambitious plan of space exploration, which includes founding a space station by the year 2020. Now, China is one of the largest exporting countries in the world. Meanwhile, it also invests billions of dollars oversea. In 2011, China surpassed Japan and became the second largest economic entity.