Xinhua News Agency, Beijing, Dec. 23 (Xinhua) -- Comprehensively deepening reform and opening up: China has become a key force in promoting world economic growth.
Xinhua News Agency reporters Guo Xin, Wei Mengjia, Xu Xiaoqing.
In the new era and new journey, China is constantly promoting Chinese-style modernization with new achievements in reform and opening up, injecting stronger impetus into economic development, and continuing to become a key force in promoting global economic growth.
Since the Third Plenary Session of the 18th Central Committee of the Communist Party of China (CPC), China has comprehensively deepened reforms, achieved historic changes, systemic reshaping and overall restructuring in many fields, and injected strong momentum into economic development.
On January 14, 2023, in the production workshop of the Qingdao headquarters base of the Beijing Automobile Factory, the robot is welding. Xinhua News Agency (photo by Zhang Jingang).
From 2013 to 2022, China's GDP increased from 593 trillion yuan has doubled to 121 trillion yuan. Over the past 10 years, as the world's second largest economy, China has contributed an average of more than 30% to world economic growth every year. Chinese's per capita GDP exceeded $10,000 in 2019 and exceeded $1 in 2022$20,000.
In 1978, China made the historic decision to shift the focus of the work of the Party and the state to economic construction and to carry out reform and opening up, ushering in a new era of reform, opening up and socialist modernization, and creating a miracle of long-term rapid economic growth in a populous country in human history.
When socialism with Chinese characteristics entered a new era, the 18th National Congress of the Communist Party of China pointed out that "promoting sustained and healthy economic development", the 19th National Congress made a major conclusion that "the economy has shifted from a stage of rapid growth to a stage of high-quality development", and the 20th National Congress further emphasized that "high-quality development is the primary task of building a modern socialist country in an all-round way".
China, which has entered a new stage of high-quality development, has become a new bright spot in the economic arena with new manufacturing, new services and new business formats, and the industrial structure, demand structure and income distribution structure have been significantly optimized.
In the context of economic development entering the "new normal", the Third Plenary Session of the 18th Central Committee of the Communist Party of China made a top-level design for comprehensively deepening reform. 70 meetings of the Leading Group for Deep Reform and the Leading Group for Deep Reform have deployed a series of major reform matters, involving economic, political, cultural, social, ecological civilization, and party building, and a total of more than 2,000 reform plans have been launched.
Over the past 10 years, we have deepened supply-side structural reforms, built a unified national market, and accelerated the construction of a new development patternScientific and technological innovation, industrial upgrading, market access, private enterprises, financial supervision, and many other areas of reform have formed a joint force.
Aerial view of the Lujiazui area of the China (Shanghai) Freedom Pilot Zone from the North Bund, Hongkou District, Shanghai (taken on January 10, 2023, drone panorama**) Photo by Xinhua News Agency reporter Fang Zhe.
The Shanghai Data Exchange is a successful example of institutional reform. In November 2021, the Shanghai Data Exchange settled in the Shanghai Free ** Pilot Zone, and officially launched in January 2023. In a short period of time, the Shanghai Data Exchange has built a number of data product sectors such as finance, shipping and transportation, and international, with a total of nearly 1,500 listings.
Unleashing the value of data elements, cultivating new engines and new business formats, and promoting the high-quality development of the digital economy have become new themes of this era. Liu Qiao, dean of Guanghua School of Management of Peking University, said.
The institutional dividends of China's reform and opening up have been gradually extended to all parts of the country. The Shanghai Free Trade Zone, where the Data Exchange is located, is the first free trade zone in China, which is not only a pioneer of China's deep-seated reform, but also an important window for high-level opening-up.
Over the past 10 years, China has set up 22 pilot free trade zones, forming a new pattern of reform and opening up covering the east, west, south, north and middle, and coordinating the coastal and inland borders. In the first half of this year alone, the FTZ contributed 18 percent to China4% of foreign investment and 186% of imports and exports**.
A wind turbine photographed in Zhangbei County, Zhangjiakou City, Hebei Province, August 18, 2023. Photo by Xinhua News Agency reporter Li He.
In line with the comprehensive deepening of reform, China has continued to promote theoretical and practical innovation. The proposal of the new development concept of "innovation, coordination, green, openness and sharing" is another deepening of the CPC's understanding of the laws of economic and social development.
Under the guidance of the new development concept, China has intensively launched various reform measures aimed at improving the modern market economy system, and the development model has "turned" from factor-driven to efficiency-driven and innovation-driven. "Green" and "low-carbon" have become the key words of China's development, and carbon peak and carbon neutrality have been actively and steadily promoted.
Over the past 10 years, China has unswervingly shared market opportunities with the world, and opened its door wider and wider.
China pioneered the Belt and Road Initiative and has signed cooperation documents with more than 150 countries and more than 30 international organizations. From 2013 to 2022, the total import and export volume between China and the co-construction countries totaled 19$1 trillion, with a cumulative two-way investment of more than $380 billion. New and old exhibitions such as the CIIE, the CIFTIS, the Canton Fair, and the CIFIT are growing day by day, accelerating the pace of China's opening up to the outside world.
Over the past 10 years, China has continued to relax market access, improve the business environment, and shorten the negative list to boost foreign investment confidence. China has maintained its position as the largest country in goods for 6 consecutive years, becoming the main partner of more than 140 countries and regions, and its huge market and consumption potential provide a broad demand space for the global industrial chain.
Exterior view of the National Exhibition and Convention Center (Shanghai), the venue of the 6th CIIE (taken on November 2, 2023). Photo by Xinhua News Agency reporter Xin Mengchen.
China's realization of higher quality and more comprehensive opening up will play a very important role in the international economic cycle, the world's industrial upgrading, and the globalization system. Liu Shouying, dean of the School of Economics of the Chinese People's University, said.
At present, the "14th Five-Year Plan" is in full swing in China. The comprehensive and accurate implementation of the new development concept has become an important theoretical support for promoting the effective improvement of economic quality and reasonable growth in quantity, and effectively solving development problems.
In Shenzhen, a special economic zone leading the trend of reform and opening up, "Qianhai" is its high-level opening door to the outside world by "relying on Hong Kong, serving the mainland and facing the world". From the country's first Internet private bank to the mainland's first Hong Kong-controlled joint venture management company, this "special zone within a special zone" has become a pilot demonstration window for China's financial industry to open up to the outside world. The National Development and Reform Commission (NDRC) recently released the "Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone", which proposes to promote Qianhai to play a better role as a model and leader in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and further expand Hong Kong's development space.
To achieve a virtuous cycle of the national economy, it is inseparable from deepening reform and opening up. This provides a clear signal for global investors to develop markets and find partners in an open China, relying on high-quality development.
Qianhai Stone photographed in Qianhai, Shenzhen, Guangdong Province on July 15, 2021. Photo by Xinhua News Agency reporter Mao Siqian.
At the 2023 "Understanding China" international conference held in Guangzhou earlier this month, experts at the conference generally agreed that China's insistence on promoting a higher level of opening up has provided a solid guarantee for resisting the trend of anti-globalization and promoting win-win global economic cooperation.
China is striving to achieve the second centenary goal and comprehensively promote the great rejuvenation of the Chinese nation through Chinese-style modernization. Unswervingly deepening reform and expanding opening up is an important driving force for the realization of Chinese-style modernization.
The first economic work conference that sets the tone for next year's economic work stressed that "we must persist in relying on reform and opening up to enhance the endogenous driving force of development."
Zhang Yansheng, chief researcher of the China Center for International Economic Exchanges, believes that only by comprehensively deepening reform and promoting the docking of institutional mechanisms with international high-standard systems and rules can we build a high-level socialist market economy system and promote the modernization of the governance system and governance capacity.
According to the deployment of the first economic work conference, China will consolidate and enhance the upward trend of economic recovery, seek progress while maintaining stability, promote stability with progress, establish first and then break through, and better promote the effective improvement of economic quality and reasonable growth in quantity.
In the first three quarters of this year, China's GDP grew by 5 percent year-on-year2%。There are institutions and experts and scholars**, and the annual economic growth is 5About 2%, with a GDP of more than 126 trillion yuan.
Reasonable growth rate and high-quality development play a very important role in resuming growth and rebalancing the global economy, and China will continue to be a key force in driving global economic growth. Liu Shouying said. (Participating in the writing: Zhao Ruixi, He Xiaotong).
*:Xinhua.