With the successful conclusion of the Spring Festival holiday, the vigorous development of China's economy is once again unfolding in front of the world. This year's Spring Festival movie box office hit a new high, the number of tourists surged, and the enthusiasm of the consumer market was high, all of which reflect the strong momentum and positive trend of China's economy. The consumption boom during the Spring Festival not only demonstrates the charm of the "holiday economy", but also reflects the huge potential and vitality of China's economy.
In 2023, China's 31 provinces have successively released their gross domestic product (GDP) data, while also drawing a blueprint for economic growth in 2024. These figures not only demonstrate the diversity and richness of the local economy, but also highlight the overall strength of the Chinese economy. For example, Guangdong became the first province with a GDP exceeding 13 trillion yuan, and Jiangsu, Shandong, Zhejiang, and Sichuan also achieved a qualitative leap in economic aggregates, which injected strong impetus into economic growth in the new year.
Against the backdrop of a global economic growth forecast of 3%, China achieved 5.5 percent last yearWith an economic growth rate of 2%, this achievement not only surpasses itself, but also occupies a leading position among the world's major economies. This is ample proof of this.
The resilience, potential and vitality of China's economy.
The vitality of China's economy is not only reflected in the overall growth, but also in the coordinated development of the regional economy. Regions such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area have become strong engines of growth, and the development potential of the western region and the northeast region has gradually emerged. The common progress of these regions is not only the result of their respective development, but also the positive result of the coordinated regional development strategy.
The high-quality development of China's economy is constantly advancing. Whether it is the high-end, intelligent and green transformation of the industrial economy, or the continuous investment in scientific and technological innovation, it is constantly promoting the optimization and upgrading of the economic structure. By strengthening the cultivation and support of strategic emerging industries, various regions have not only enhanced the competitiveness of the local economy, but also provided new momentum for the sustained growth of China's economy.
Although the road ahead may be challenging, the proactive efforts of various localities and the country's comprehensive planning will provide a solid guarantee for China's sustained economic growth. In the new year, China's economy will continue to meet more challenges and achieve higher-quality development with its inexhaustible vitality and strong potential. In the face of the new opportunities and challenges that are coming, how will we continue to write a glorious chapter in China's economy and jointly usher in a better future?