In recent years, China's economic development has not only attracted great attention at home and abroad, but also has been favored by politicians and enterprises from all over the world, and has become a model for Xi in various countries.
On the one hand, China's economy has continued to maintain rapid growth, becoming the world's second largest economy after the United States, contributing more than 30% to world economic growth. In 2019, China's total economic output exceeded 100 trillion yuan, and its per capita GDP exceeded 10,000 US dollars, ranking first in the world in terms of actual utilization of foreign investment. These figures reflect the strength of China's economy.
On the other hand, China's economy continues to transform towards innovation and high-quality development. At present, China is moving towards"A scientific and technological powerhouse"Forward, vigorously promote scientific and technological innovation, and increase innovation capabilities, achievements and contributions. For example, in the fields of artificial intelligence, 5G, and industrial Internet, China has led the world, injecting inexhaustible impetus into the sustainable and high-quality development of China's economy.
The size of China's market is also an important factor for many foreign companies to invest. As China continues to open up to the outside world, more and more companies can invest and expand their business in this market to earn more profits. According to the data released by the Ministry of Finance a few days ago, in the first 11 months of this year, foreign-invested enterprises actually used 9,350 foreign capital900 million yuan, a year-on-year increase of 66%。
Looking at China's consumer market, it is the world's largest middle-class market, and the continuous growth of consumer demand has had a profound impact on the import and export of countries around the world. According to a report released by the United Nations** and the Development Conference, China's share of imports is expected to reach 132%, second only to the United States, becoming the second largest importer. China will also further open up its market, expand imports, and provide more business opportunities.
China's economy has become the focus of global attention due to its unique charm, but it also faces some challenges. For example, it is necessary to improve the quality and efficiency of development, promote energy upgrading and environmental protection, solve employment contradictions, and increase supervision in areas such as food safety and intellectual property rights. Comprehensively deepening reform and speeding up the pace of opening up are important means to address these challenges.
Deepening reform and speeding up the pace of opening up is the key to China's economy continuing to display its unique charm. China** has clearly defined its goal of promoting high-quality development, and will continue to intensify reforms, optimize the business environment, and provide more convenience and opportunities for enterprises and investors. At the same time, China will further open up, strengthen economic and trade cooperation with other countries, and work together to build an open world economy.
In addition, China is accelerating the pace of green and low-carbon development, attaching importance to ecological environmental protection and sustainable development. By focusing more on innovation and technology leadership, China is gradually transforming its traditional economic growth model and promoting green development and the development of environmentally friendly industries. This will provide a more solid foundation for China's economy to continue to display its unique charm.
The unique charm of China's economy is not only reflected in its huge market size and strong economic growth strength, but also in its determination and actions for reform and innovation. China will continue to promote supply-side structural reform, strengthen scientific and technological innovation capabilities, enhance industrial competitiveness, deepen financial reform, and improve the quality of financial services, so as to lay a solid foundation for sustainable economic development.
The success of China's economy in demonstrating its unique charm will also provide valuable reference and inspiration for other countries. China's development experience tells us that adhering to reform and opening up, promoting innovation and development, focusing on talent training and scientific and technological innovation, opening up the market and promoting international cooperation are the key elements for achieving economic development. The unique charm of China's economy is not only of great significance to China itself, but also has a positive effect on the prosperity and stability of the global economy.
Therefore, we have reason to believe that as China's economy continues to move towards the path of high-quality development, China will continue to show its unique charm and bring more opportunities and prospects for common development to the world. China's economic success will inspire other countries to pursue the path of economic development and jointly build a lasting and stable world economy.