The time is ripe to assess global economies and name new world leaders ahead of the new year. Ubiquitous international experts have already made estimates and come to a sensational conclusion. The first time round, the People’s Republic of China has topped the list of the most advanced global economies. The U.S. used to be ranked as the absolute global leader for many years in a row. However, 2014 is a milestone year for the Heavenly Kingdom as it has never been acknowledged the best performing economy in the world. Indeed, China managed to cope with economic slowdown in early 2014 and secure strong results at the end of the year. Moreover, December was a month of groundbreaking scores. Thanks to high consumption activity, China completes the year at the top of the list overtaking the U.S. as the world’s largest economy. According to the official report of the International Monetary Fund, China’s Gross National Product totals $17.6 trillion this year whereas the same indicator in the U.S. reaches $17.4 trillion. Considering this data, China won with a narrow margin. The U.S. was ranked second. Major entrepreneurs and policy makers noted this achievement as “a tipping point in the national economy’s development.” The global community fairly considers the victory a well-deserved outcome of the long-lasting toil of the whole nation. China’s economy is expected to reach new heights in 2015.