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China

Optimization and Upgrading of Total Quantity and Step up Structure - Overview of Economic Development Achievements in the 75th Anniversary of the Founding of the People's Republic of China

2024-09-10   

In 2024, the People's Republic of China celebrates its 75th anniversary.
Amidst wind and rain, spring blossoms and autumn harvest. Over the past 75 years, under the strong leadership of the CPC, China has moved from lack of food and clothing to a well-off society in an all-round way, from poverty and weakness to prosperity and strength, creating a great miracle in the history of human development.
Forge ahead, set sail and forge ahead.  
Economic scale continues to rise, comprehensive national strength achieves historic leap
In early autumn, the waves of Lingdingyang stretch for thousands of miles, and the sea and sky merge into one color. The deep channel is like a giant dragon, hovering over the azure sea. This world-renowned mega project was officially opened on June 30th this year, becoming the world's first cross sea cluster project that integrates "bridges, islands, tunnels, and underwater interconnectivity".
Major projects are a concentrated reflection of economic and comprehensive national strength, and are a key to understanding the Chinese economy.
Since the founding of the People's Republic of China 75 years ago, the Chinese economy has created a magnificent and earth shattering history. Especially since the 18th National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping at its core has been guided by the new development concept, focusing on stimulating the driving force, vitality, and potential for high-quality development, effectively responding to various risks and challenges on the road ahead, and effectively promoting sustained and healthy economic development.
Over the past 75 years, China's economic scale has reached new heights.
In 1952, China's gross domestic product was only 67.9 billion yuan. Since the reform and opening up, the economy has developed rapidly, with the total economic output exceeding 1 trillion yuan in 1986, 10 trillion yuan in 2000, and surpassing Japan to become the world's second largest economy in 2010.
Since the 18th National Congress of the Communist Party of China, China's economic strength has continued to strengthen. In 2020, the total economic output exceeded the 100 trillion yuan mark, and in 2023 it will exceed 126 trillion yuan. Calculated at constant prices, the total economic output in 2023 will increase 223 times compared to 1952, with an average annual growth rate of 7.9%.
Over the past 75 years, the foundation of China's development has become increasingly solid.
The total grain output has increased from 113.18 million tons in 1949 to 695.41 million tons in 2023, firmly holding the rice bowl in one's own hands and continuously strengthening the foundation of agriculture; In 2023, the added value of China's manufacturing industry will reach 33 trillion yuan, ranking first in the world in terms of scale for 14 consecutive years, and the industrial production capacity will continue to improve; New industries and formats are constantly emerging, and the service industry is gradually growing into the largest industry in the national economy.
Over the past 75 years, China's economic influence has continued to increase.
By 2023, the proportion of China's total economic output in the world will increase to around 17%. From 2013 to 2023, the average contribution rate of China's economy to world economic growth exceeded 30%, making it the largest driving force for global economic growth.
The Chinese economy today presents a myriad of trends, including being the largest trading nation in goods, the second largest trading nation in services, the second largest consumer of goods, and the largest holder of foreign exchange reserves.
  After generations of unremitting efforts, we have walked out of the path of Chinese path to modernization.
According to an article on the European website Modern Diplomacy, in the past 75 years, China has transformed from a poor country to the world's second-largest economy, with the largest manufacturing system in the world. Since the 18th National Congress of the Communist Party of China, the efforts of the people of the whole country have yielded results. China has undergone historic changes and successfully entered a new stage of modernization.
Continuous optimization of economic structure, solid promotion of high-quality development
In July of this year, the 9 millionth Liberation brand truck independently developed by China FAW was rolled off the assembly line at an intelligent factory located in Changchun, Jilin Province. More than 70 years ago, China FAW started from scratch and completed production in three years, ending the history of New China's inability to manufacture cars.
The replacement of seven generations of Jiefang brand trucks confirms the development achievements of China's automobile industry from scratch and from weakness to strength. FAW's independent innovation and magnificent transformation are also a microcosm of China's economic transformation and upgrading.
In the 75 years since the founding of the People's Republic of China, the country's economy has gone from a single structure to a thriving economy, and the comprehensiveness, coordination, and sustainability of economic development have been continuously enhanced.
Especially since the 18th National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping as the core has anchored the goal of high-quality development, accelerated the strategic adjustment of the economic structure, and made substantial progress in transforming the development mode and optimizing the economic structure.
This is 75 years of continuous optimization of the economic structure——
Profound changes in industrial structure, realizing the transformation from agriculture as the mainstay to the coordinated development of the three industries; The demand structure continues to improve, achieving a transformation from weak demand to the coordinated efforts of the "three carriages"; From urban-rural segmentation to coordinated promotion, regional structure optimization and reshaping.
Since the 18th National Congress of the Communist Party of China, efforts have been made to steadily optimize the economic structure. The transformation of traditional industries is accelerating, emerging industries are flourishing, and the scale of the service industry continues to grow. In 2023, the contribution rate of final consumption expenditure to economic growth will reach 82.5%, further enhancing the role of consumption as the "main engine". The regional coordinated development strategy and major regional strategies are being deeply implemented, and new growth poles and growth belts are constantly forming. The urbanization rate of permanent residents by the end of 2023 will increase by 13.06 percentage points compared to the end of 2012, further narrowing the gap between urban and rural development.
This is 75 years of continuously increasing development momentum——
From the successful launch of the Dongfanghong-1 satellite to the space exploration of the Tiangong, and to the commercial launch of the C919 aircraft, China's innovation strength continues to soar.
In 2023, China's total expenditure on research and experimental development funds will remain the second largest in the world, with an increase of 2.2 times compared to 2012; The Global Innovation Index has risen from 34th place in 2012 to 12th place in 2023, making it the only middle-income economy among the top 30... Since the 18th National Congress of the Communist Party of China, innovation has injected a steady stream of momentum into high-quality development.
This is 75 years of continuously expanding development space——
From large-scale "introduction" to large-scale "going global", and then to building a new open economic system, China's economic development continues to expand new spaces.
Since the 18th National Congress of the Communist Party of China, the scale of China's goods trade has continuously reached new highs. In 2023, the actual utilization of foreign direct investment reached 163.3 billion US dollars, an increase of 176 times compared to 1983, and the scale has remained world leading for many consecutive years. Jointly build the "the Belt and Road" circle of friends, consolidate and expand, set up 22 pilot free trade zones in batches, and accelerate the formation of a new pattern of comprehensive opening up.
In the face of complicated international and domestic situations, China today is deepening reform in an all-round way around the promotion of Chinese path to modernization, developing new quality productivity in line with local conditions, and constantly injecting new momentum into high-quality development.
The well-being of the people continues to improve, and their living standards continue to rise
The name sounds' earth ', but the village is very' trendy '. Entering the Heinidi Community in Kaiyuan City, Honghe Prefecture, Yunnan Province, one can see that every household is surrounded by green trees and flowers. Under the sunshine, the houses are arranged in a staggered manner, the roads are wide and clean, and the colorful residential buildings shine brightly.
From the poverty-stricken villages that used to "twist Fried Dough Twists roads, rely on evaporation of sewage, and rely on the wind to blow garbage", to eat "tourism meals" and live a good life today, more than 700000 yuan of tourism income has been achieved in the first half of this year... The butterfly transformation of the black mud land is a true portrayal of rural revitalization.
Since the founding of the People's Republic of China 75 years ago, our country has always regarded improving people's livelihood and well-being as the starting point and foothold of economic development.
Especially since the 18th National Congress of the Communist Party of China, in the face of the growing demand for a better life by the people, the Party Central Committee with Comrade Xi Jinping as the core has adhered to the people-centered development ideology, continuously filled the gaps in people's livelihood security, and improved the sense of gain, sustainable happiness, and security of the people.
The problem of absolute poverty has been historically resolved——
In the early days of the founding of the People's Republic of China, the country accumulated poverty and weakness, and the people were generally impoverished. After years of unremitting efforts, the number of impoverished people has significantly decreased. Since the 18th National Congress of the Communist Party of China, China has launched a comprehensive battle against poverty. By the end of 2020, under the current standards, all 98.99 million rural poor people will be lifted out of poverty, 832 poverty-stricken counties will be lifted out of poverty, and regional overall poverty will be solved, completing the arduous task of eliminating absolute poverty.
People's lives have undergone earth shaking changes——
49.7 yuan, which is the per capita disposable income of Chinese residents in 1949; By the early stage of reform and opening up in 1978, it was only 171 yuan. In 2023, the per capita disposable income of residents in China will reach 39200 yuan, which is 76 times higher than the actual growth in 1949 after deducting price factors, with an average annual growth rate of 6%.
Since the 18th National Congress of the Communist Party of China, the employment priority strategy has been deeply implemented, and a total of over 140 million new urban jobs have been created from 2013 to 2023. Resident income is steadily increasing, and the quality of life is constantly improving. The number of household cars per 100 households has increased from 16.9 in 2013 to 49.7 in 2023. China has made unprecedented efforts to promote the construction of ecological civilization, significantly reducing the number of days with heavy pollution, improving the quality of water environment, effectively controlling soil environmental risks, and adding a beautiful background of green mountains, water, blue sky, and clean soil to the Wanli Mountains and Rivers.
The social security network is becoming denser and denser as it is woven——
In the early days of the founding of the People's Republic of China, social security in our country was still blank. Since the reform and opening up, China's social security system has gradually been established and its coverage has continued to expand.
Since the 18th National Congress of the Communist Party of China, the construction of the social security system has entered the fast lane, and China has built the world's largest social security system. By the end of 2023, the number of people participating in basic pension, basic medical care, work-related injury, and unemployment insurance will reach 1.07 billion, 1.33 billion, 300 million, and 240 million respectively. Efforts have been made to increase housing security, accelerate the development of elderly care services, and continuously improve the child welfare and protection systems for minors.
75 years of overcoming obstacles and undergoing tremendous changes. Looking back, the Chinese economy has created miracles and achieved leaps forward; Looking ahead to the future, under the strong leadership of the Party Central Committee with Comrade Xi Jinping at its core, China's high-quality economic development is firm and will surely open up even brighter prospects for development.

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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