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Economy

The total economic output has exceeded 114 trillion yuan, and high-quality development has been carried forward steadily

2022-11-14   

The GDP reached 114 trillion yuan, accounting for 18.5% of the world economy; The scale of manufacturing industry and foreign exchange reserves rank first in the world; Build the world's largest high-speed railway network and expressway network; The R&D expenditure of the whole society has increased from 1 trillion yuan to 2.8 trillion yuan... One by one, the achievements show that China's economic strength has achieved a historic leap in the past decade, and the economic quality has steadily improved. On a new journey, the report of the 20th National Congress of the Communist Party of China made high-quality development the primary task of building a socialist modern country in an all-round way. We will organically combine the implementation of the strategy of expanding domestic demand with the deepening of supply side structural reform, accelerate the construction of a modern economic system, and focus on promoting urban-rural integration and regional coordinated development... Along the new channel of high-quality development, China's economy will create new development achievements. The project of Huajian Aluminum No. 5 Branch, located in Linqu, Shandong Province, with an annual output of 150000 tons of high-performance special aluminum materials, has seen a historic leap in economic strength. Its products are mainly used in automotive lightweight, rail transit, high-speed rail ships and other fields. At present, the workshop, office building and living supporting area of the project have been fully completed and are expected to be put into operation early next year. From small workshops bought and sold, Huajian Group has reached a new level every year and leaped over every three years. From small to large and from large to strong, Huajian Group has five production bases, five industrial parks and two national platforms, becoming the leader of the aluminum industry in China. "Next, we will closely follow the main business of aluminum materials and deep processing, continue to expand the innovative application of aluminum, accelerate industrial upgrading, and help the local economic and social development to move towards higher quality, higher level and higher level with the high-quality development of aluminum industry in the new era." Wu Weiguang, Chairman of Huajian Aluminum Group, said. Enterprises are the cells of the national economy. Over the past decade, we have put forward and implemented new development concepts, focused on promoting high-quality development, promoted the construction of a new development pattern, implemented supply side structural reform, and formulated a series of major regional strategies of overall significance. China's economic strength has achieved a historic leap. From the perspective of total output - over the past decade, China's GDP has successively exceeded the threshold of 60 trillion, 70 trillion, 80 trillion, 90 trillion, 100 trillion and 110 trillion yuan, growing from 54 trillion yuan in 2012 to 114 trillion yuan in 2021. China's total economic output accounted for 18.5% of the world economy, an increase of 7.2 percentage points, and ranked second in the world. In terms of per capita GDP, China's per capita GDP rose from US $6300 in 2012 to US $12551 in 2021, close to the threshold of high-income countries, and people's living standards improved significantly. In terms of quantity, China's total grain output has steadily ranked first in the world, and the food security and energy security of more than 1.4 billion people have been effectively guaranteed. The scale of manufacturing industry and foreign exchange reserves rank first in the world. The construction of modern facilities leads the world. The world's largest high-speed railway network and expressway network have been built, and major achievements have been made in the construction of airport, port, water conservancy, energy, information and other infrastructure. The economic quality has steadily improved. Entering the exhibition hall of Shandong Tianrui Heavy Industry Co., Ltd., a patent wall is quite spectacular: more than 300 patent certificates are hung on the wall, forming the core competitiveness of the enterprise. Years of R&D investment

Edit:Yi Bin Responsible editor:Li Bin Wei

Source:People's Daily online

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