The International Monetary Fund (IMF) has raised its forecast for China's GDP growth rate in 2023 and 2024 from 5% and 4.2% to 5.4% and 4.6%, while the OECD has raised its forecast for China's GDP growth rate from 5.1% to 5.2%. Recently, international institutions have used this intensive "upward adjustment" of their expectations for China's economic growth to cast a vote of confidence in the Chinese economy. China has also delivered impressive transcripts as expected. China's GDP grew by 5.2% year-on-year in the first three quarters of this year, maintaining a leading growth rate among major global economies. The Chief Representative of the International Monetary Fund in China stated that China remains the largest engine of global economic growth, contributing one-third of global growth. Technological innovation undoubtedly provides strong support for the recovery and improvement of the Chinese economy. In the first 10 months, investment in China's high-tech manufacturing industry increased by 11.3% year-on-year; In the first 10 months, the export of new energy vehicles increased by 99.1% year-on-year; By September this year, the total number of strategic emerging industry related enterprises in China has exceeded 2 million... On the vast land of China, technological innovation, as a key variable, is becoming the "largest increment" of high-quality development. On December 6th, the world's first demonstration project for the commercialization of fourth generation nuclear power technology, the Huaneng Shidao Bay High Temperature Gas Cooled Reactor Nuclear Power Plant, completed a 168 hour continuous operation test and was officially put into commercial operation in Rongcheng, Shandong, with breakthroughs in key core technologies helping to build a modern industrial system. This marks that China has reached the world's leading level in the field of fourth generation nuclear power technology. According to experts, nuclear power units with installed capacities of 200000, 400000, 600000, 800000, and 1 million kilowatts can be built in the future to meet the needs of users in different regions. High temperature gas cooled reactor technology will open up a billion dollar industry. On May 28th, the first commercial flight was successfully completed; On August 4th, the "dual machine commercial operation" was launched for the first time; On September 28th, we received 100 orders... The C919 aircraft has driven the formation of China's civil aviation industry chain, value chain, and innovation chain. A large civil aviation aircraft with 150 seats, integrating 3 to 5 million spare parts, covering almost all industrial sectors. Led by Shanghai, 22 provinces and cities including Shaanxi, Sichuan, Jiangxi, Liaoning, and Jiangsu, with over 200 enterprises and nearly 200000 people participating in the development and production of large-scale passenger aircraft projects, 16 joint ventures in avionics, flight control, power supply, fuel, and landing gear onboard systems were established, greatly enhancing the supporting level of China's civil aircraft industry. The breakthrough in major technological infrastructure has also driven multiple industries to break out towards the high-end of the value chain. On December 7th, the civil engineering and public works of the advanced physics experimental facilities for extremely deep and low radiation background in the second phase of China Jinping Underground Laboratory were completed, and the experimental conditions were met. This marks the official launch of the world's deepest and largest ultra deep underground laboratory into scientific operation. In order to maximize the control of laboratory radiation background and create the most "pure" experimental environment, all equipment and materials in this project are customized. The construction team has successfully developed and produced low radiation cement, diamond sand, rock wool, and a batch of low radiation electromechanical equipment, all of which are internationally pioneering. China's first 10000 tons
Edit：Hu Sen Ming Responsible editor：Li Xi
Source：XinhuaNet
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