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In the past decade, China's economic strength has leaped to a new level

Date:2022-06-30  Hits:129


Source: China Trade News

"In the past ten years, China has continued to innovate and improve macro-control in the process of turning to high-quality development. Its economic development has maintained a reasonable growth in quantity and achieved a steady improvement in quality, and its economic strength has leaped to a new level." National Development Zhao Chenxin, deputy director of the Reform Commission, said at the 12th "China's Decade" series of press conferences held by the Propaganda Department of the Central Committee of the Communist Party of China on June 28.

Data show that my country's total economic volume has risen from 53.9 trillion yuan in 2012 to 114.4 trillion yuan in 2021, accounting for 11.3% of the world's economy, and its per capita GDP has risen from 6,300 US dollars to more than 1.2%. Ten thousand U.S. dollars. The construction of an innovative country has achieved fruitful results. In 2021, my country's innovation index will rise to 12th in the world, and many historic leaps have been achieved in some important fields. The major regional strategies have been solidly advanced, the rural revitalization strategy has been steadily advanced, the level and quality of new urbanization have been continuously improved, and the potential of regional urban-rural coordinated development has been continuously released.

Since the 18th National Congress of the Communist Party of China, my country has successively launched major regional strategies such as the coordinated development of the Beijing-Tianjin-Hebei region, the development of the Yangtze River Economic Belt, the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, and the integrated development of the Yangtze River Delta. Ou Hong, deputy secretary-general of the National Development and Reform Commission, said that the implementation of these major strategies has led to historic changes and achievements in my country's regional development, such as fostering and forming a power source that drives high-quality development across the country. The Beijing-Tianjin-Hebei region has firmly grasped the "bull nose" of Beijing's non-capital functions to promote coordinated regional development. The Xiong'an New Area has advanced its construction with high standards and high quality. The first batch of central enterprise headquarters that started to relieve the Xiong'an New Area have started construction one after another. The Guangdong-Hong Kong-Macao Greater Bay Area has taken a new step in deepening cooperation. In 2021, the GDP of the nine mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area will exceed 10 trillion yuan. The vitality of innovation and development in the Yangtze River Delta has continued to increase, and the construction of the Yangtze River Delta Ecological Green Integrated Development Demonstration Zone and the new area of the Shanghai Free Trade Pilot Zone has yielded fruitful results.

Zhao Chenxin said that in the past ten years, China's reform and opening up has opened up a new situation. Focusing on the reform of the economic system, the reform will be comprehensively deepened, the socialist market economic system will be more mature and finalized, the construction of a high-standard market system will be steadily advanced, the market-based allocation system and mechanism of factors will be further improved, the formation of a large national unified market is being accelerated, property rights protection and market access. Positive progress has been made in the construction of the basic system of the market system, such as fair competition and social credit.

Since the 18th National Congress of the Communist Party of China, my country has accelerated the formation of an all-round high-level open economy, and the joint construction of the "Belt and Road" has achieved solid and heavy results. More than 200 agreements have been signed with 149 countries and 32 international organizations. "Cooperation documents; the degree of trade and investment liberalization and facilitation has been continuously improved, and the stock of overseas investment has increased from less than 600 billion US dollars to more than 2.6 trillion US dollars; actively participated in global economic governance, and contributed Chinese wisdom and Chinese strength to building a community with a shared future for mankind.

"In the past ten years, China's economic security has been comprehensively strengthened." Zhao Chenxin said that my country's grain production has stabilized at more than 1.3 trillion kilograms for seven consecutive years, achieving basic self-sufficiency in grains and absolute security of rations. The ability to guarantee energy supply continued to improve, and the supply, storage, and marketing system for coal, electricity, oil, and gas production continued to improve. The ability to guarantee the security and stability of the industrial chain and supply chain has been continuously enhanced, and the pace of tackling key core technologies in the fields of 5G, basic software, industrial mother machines, and renewable energy development has accelerated. Significant progress has been made in the battle to prevent and resolve major risks.
 
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