the chinese economy is growing in quality-凯发k8国际首页登录

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the chinese economy is growing in quality

the general secretary pointed out that "the chinese economy is a sea" and that "the fundamentals of the chinese economy, with its strong resilience, full potential, wide room for manoeuvre and long-term improvement, will not change".


since the eighteenth congress, in the face of severe complex international situation and task of heavy domestic reform, development and stability, the party central committee with comrade as the core vision and suggested, to grasp the trend of global solidarity cpc led the chinese people of all ethnic groups based on the new stage of development, carry out the new development concept, build the new development pattern, promote the development of high quality, we have made historic achievements and changes in china's economic development, and embarked on a path of higher quality, more efficient, fairer, more sustainable and safer development.


economic strength has steadily improved


under the impact of the pandemic, the global economy is facing huge challenges, but china's auto industry has bucked the trend and made outstanding performance. in the first half of this year, china's new-energy vehicle output increased by 111.2% year on year, and the cumulative export of vehicles was 1.218 million, up 47.1% year on year.


"after years of market training, chinese brand cars have made great progress in quality, technology, supply chain system construction, brand building and other aspects, and greatly improved their competitiveness in overseas markets." "said zhu huarong, rotating president of the china association of automobile manufacturers.


the development and progress of the auto industry is a microcosm of china's manufacturing from big to strong and china's economy strides forward.


it has the world's most complete and largest industrial system and complete supporting capabilities. it has over 100 million market players, over 170 million people with higher education or professional skills, and a huge domestic demand market of over 1.4 billion people, including over 400 million middle-income groups. is in a new type of industrialization, information technology, urbanization, agricultural modernization of the rapid development stage...... over the past decade, the chinese economy has gained a stronger foundation, stronger confidence and stronger driving force.


steady improvement in strength. since 2012, the chinese economy has grown at an average annual rate of 6.5 percent, ranking among the top major economies in the world for many years in a row, and becoming a major contributor to world economic growth. china's economic aggregate rose from 53.9 trillion yuan in 2012 to 114.4 trillion yuan in 2021, accounting for more than 18 percent of the world economy, up from 11.4 percent. as the world's second largest economy, second largest consumer market, largest manufacturing country, largest trade in goods and largest foreign exchange reserve, china has further consolidated and enhanced its position in the global economic landscape.


the foundation is more solid. grain production has been stable for seven consecutive years at over 50 million metric tons. we have achieved basic self-sufficiency in grain and absolute grain security, thus securing our own rice bowls. we will build a clean, low-carbon, safe and efficient energy system, constantly improve the systems for coal, electricity, oil and gas production, supply, storage and marketing, and continuously improve our ability to ensure energy supply. we accelerated progress in key and core technologies in areas such as 5g, basic software, and industrial motherships, and continued to improve the security and stability of industrial chains and supply chains.


people's living standards are constantly improving. per capita gdp increased from us $6,300 in 2012 to us $12,500 in 2021, higher than the global average and close to the threshold of high-income countries. a total of 130 million new urban jobs have been created over the past decade. despite the combination of a century of global changes and a century of covid-19, new urban jobs have exceeded 11 million annually in the past two years. all townships and administrative villages that meet the conditions will have access to hardened roads and buses, all administrative villages will have access to broadband, and nearly 100 million rural people will be lifted out of poverty... thanks to rising personal income, improved employment quality and the realization of the dream of a moderately prosperous society in all respects, the chinese people are enjoying an increasingly prosperous life thanks to economic development.


the vitality of innovation has been fully unleashed


the world's longest sea-crossing bridge, the world's longest desert highway, the world's most advanced high-speed rail, nuclear power equipment, the world's largest 5g network, all of which are "the world's best". in the past decade, with the deepening implementation of the innovation-driven development strategy, a series of major scientific and technological achievements have been made.


new technologies such as artificial intelligence, quantum communication and intelligent driving lead the world. new products such as drones and smartphones go abroad. new models such as delivery, online office and internet medical care are in the ascendant... in the past decade, new technologies, new products and new forms of business have flourished. large, medium and small enterprises have developed their own strengths through integrated innovation.


"everywhere is lively creativity, everywhere is rapid progress." big countries and advanced technologies show the steady improvement of our economic strength and scientific and technological strength. since the 18th national congress of the communist party of china (cpc), china has stepped up efforts to build an innovation-oriented country and a world power in science and technology


stronger innovation capability. the r&d input of the whole society increased from 1.03 trillion yuan in 2012 to 2.79 trillion yuan in 2021, and the r&d input intensity increased from 1.91 percent to 2.44 percent. in the past ten years, the funding for basic research has increased by three times, and the number of domestic invention patents and international pct applications ranks first in the world. in the global innovation index published by the world intellectual property organization (wipo), china rose from 34th in 2012 to 12th in 2021.


more enthusiasm for innovation. enterprises are the main body of technological innovation. since the 18th national congress of the communist party of china (cpc), the intensity of total investment in r&d of industrial enterprises above designated size has doubled, and the proportion of sales of new products in business revenue has increased from 11.9 percent to 22.4 percent. more than 570 industrial enterprises have been listed among the top 2,500 global r&d investors. at present, the relevant departments have cultivated more than 40,000 "specialized, refined, special and new" small and medium-sized enterprises, 4,762 small and giant enterprises, and 848 individual manufacturing champion enterprises, which have played an important role in strengthening, supplementing and stabilizing the chain.


better industrial structure. emerging industries such as solar photovoltaic, wind power, new displays, semiconductor lighting and advanced energy storage are among the largest in the world, and the scale of the digital economy has been growing rapidly, ranking second in the world for many years. while emerging industries are booming, traditional industries are also being upgraded at a faster pace. the steel, coal, machinery and other industries have gradually abandoned the old path of extensive development and embarked on a new path of innovation-driven, intelligent manufacturing, green and low-carbon development.


the market is more dynamic. we have deepened reform of deregulation and service delivery, encouraged nongovernmental investment, and created a market-oriented, law-based and international business environment. a series of reform measures have helped unleash the vitality of the chinese economy and made china a highly dynamic and fertile ground for innovation and entrepreneurship in the world. in 2021, the total number of market entities jumped to a historic level of 150 million, 1.8 times higher than the end of 2012, and the average daily number of new enterprises was as high as 25,000, 3.6 times higher than that of 2012.


the space for development continues to expand


by the banks of lingdingyang, a world-class city cluster is gaining speed.


in 2021, china's economy totaled about 12.6 trillion yuan, an increase of about 2.4 trillion yuan over 2017. in the global innovation index, the shenzhen-hong kong-guangzhou innovation cluster ranked second in the world for two consecutive years... in recent years, the guangdong-hong kong-macao greater bay area has taken new steps in deepening cooperation.


on the snowy plateau, the frontier people are ushering in a happy new life.


on june 25, 2021, lalin railway, the first electrified railway in tibet autonomous region, was put into operation, completely ending the history of no railway in southeast tibet. over the past year or so, matsutake, tibetan chicken, tibetan fragrant pig and other special tibetan products have been sold to the whole country through lalim railway. building materials, grain, potash fertilizer, food and other production and living materials have been continuously brought into southeast tibet, providing a stronger support and guarantee for the prosperity of the people and tibet.


from the eastern coast to the western interior, from the bustling cities to the beautiful countryside, the vast land of china has provided huge space for the growth of the chinese economy.


promote coordinated development of the beijing-tianjin-hebei region, the yangtze river economic belt development, a large bay area of guangdong construction development and ecological protection in the yellow river, yangtze river delta integration and development of the high quality, high standard, high quality construction of male ann district, features and the northeast "four major parts" complementary advantages, promote the human-centered new urbanization, implement the strategy of rejuvenating the country... since the 18th national congress of the communist party of china (cpc), china's economic stage has become wider and wider.


over the past decade, while the balance, coordination and complementarity of regional development have been continuously enhanced, the breadth and depth of china's opening to the outside world have also been comprehensively expanded.


"over the years of operating in china, 3m has felt and benefited from china's continued high level of opening-up and continued improvement in the business environment." mike roman, chairman and ceo of 3m usa. at present, 3m has established a number of production facilities in china, and one of the company's four r&d centers in shanghai.


we have implemented the foreign investment law, reduced the negative list for foreign investment for many years in a row, and continuously improved the environment for foreign investment. china has set up 21 pilot free trade zones and hainan free trade port, and created a series of new areas and pilot fields for opening-up. we have successfully held major international economic and trade events such as the ciie, the service trade fair, the canton fair, and the consumer trade fair. a large number of cooperation projects, such as the china-europe freight train, the china-laos railway and the jakarta-bandung high-speed railway, have taken root. the circle of friends for belt and road cooperation is expanding. over the past decade, china has opened up to the outside world in all respects, built a new system of openness in the economy at a higher level, and gained new advantages in international cooperation and competition. in 2021, china's actual use of foreign capital reached 1.15 trillion yuan, ranking second in the world, up 62.9 percent from 2012. merchandise exports accounted for 15% of the global market, up from 11% in 2012.


source: state-owned assets supervision and administration commission of the state council


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