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Economy

The report shows that the average annual growth rate of China's GDP in the past ten years has exceeded 6.6% and the average contribution rate to world economic growth has exceeded 30%

2022-09-21   

The series of reports on the achievements of economic and social development since the 18th National Congress of the Communist Party of China released by the National Bureau of Statistics recently showed that China's gross domestic product (GDP) grew by 6.6% annually from 2013 to 2021, higher than the average growth of 2.6% in the world and 3.7% in developing economies in the same period; The average contribution rate to world economic growth exceeded 30%, ranking first in the world. According to the report, according to the annual average exchange rate, China's total economic output will account for 18.5% of the world economy in 2021, 7.2 percentage points higher than that in 2012, ranking second in the world. In 2021, China's per capita GDP will reach 80976 yuan, an increase of 69.7% over 2012 after deducting price factors, with an average annual growth of 6.1%. The momentum of innovative development has been enhanced, and new progress has been made in building an innovative country. China's total R&D expenditure surpassed Japan in 2013, becoming the second largest R&D investment country in the world. The report of the World Intellectual Property Organization shows that China's ranking in the global innovation index has jumped from 34th in 2012 to 12th in 2021. The pace of coordinated development was steady, and the economic structure was constantly optimized. In 2021, the added value of the manufacturing industry will reach 31.4 trillion yuan, an increase of 74.3% over 2012. In 2021, the contribution rate of final consumption expenditure to economic growth will be 65.4%, 10 percentage points higher than that in 2012, which is the first driving force of economic growth. The green development trend is getting better, and the harmonious coexistence between man and nature is accelerating. In 2021, the average number of days with good air quality in cities at prefecture level and above will be 87.5%, 6.3 percentage points higher than that in 2015. From 2013 to 2021, the total area of afforestation in China is about 59.44 million hectares. Opening up and development have moved to a higher level, and a new pattern of all-round opening has accelerated. In 2020, China's total trade in goods and services will reach 5.3 trillion US dollars, surpassing the United States for the first time and becoming the world's largest trading country. In 2021, the total volume of trade in goods and services will reach 6.9 trillion US dollars, continuing to rank first in the world. Shared development continued to strengthen, and more and more equitable development achievements benefited all the people. Under the current poverty standard, from 2013 to 2020, the number of rural poor people in China has decreased by 98.99 million, and the incidence of poverty has decreased by 1.3 percentage points annually. From 2013 to 2021, the number of employed people in China will be more than 740 million. (Liu Xinshe)

Edit:Yi Bing Responsible editor:Wei Li Bin

Source:XinhuaNet

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