Observer for international issues: Tao Zheng.
In 2023, China's economy will grow by 52%, which is higher than the projected growth rate of about 3% of the world economy and contributes more than 30% to world economic growth. Against the backdrop of a turbulent international situation and a sluggish recovery of the world economy, this hard-won achievement demonstrates the strength, resilience and confidence of China's economy. China's economy continues to occupy a high position in the world's coordinates, highlighting its position as the engine and playing a more prominent role.
Provide a driving force and bring stability to the world economy. In 2023, China's economic growth will exceed 6 trillion yuan, which is equivalent to the total economic output of a medium-sized country in a year. From the perspective of domestic demand, China's final consumption expenditure contributed 82 percent to economic growth last year5%, a long-term mechanism to promote economic growth by expanding domestic demand has been formed. From the perspective of inflation, the national household consumption index was 0 year-on-year2%, the price increase is generally modest, and the global average inflation rate remains at 6The high 9% level contrasts sharply with the difficult balance between fighting inflation and stabilizing growth in some countries. From the point of view, the total import and export value of China's goods in 2023 will reach 4176 trillion yuan, maintaining steady growth. Exports of electric vehicles, lithium-ion batteries and solar cells increased by 29% year-on-year9%, China became the world's largest automobile exporter for the first time. From the perspective of manufacturing, the overall scale of China's manufacturing industry has remained the first in the world for 14 consecutive years, and the added value of industrial enterprises above designated size in the manufacturing industry will increase by 5% year-on-year in 20230%, and the average growth rate of the ten key industries exceeded 5%. The International Monetary Fund (IMF) has a global economic growth rate of 31%, there are still characteristics of slow and uneven recovery. China's advantages of large economy, strong resilience and sufficient power are more prominent, and its role as a stabilizer and power source in a turbulent world is even more valuable.
Share the big market and create new opportunities with countries around the world. China is the main partner of more than 140 countries and regions, and the overall tariff level has been reduced to 73%, * The degree of liberalization and opening up to the outside world is increasing. China will continue to reduce the negative list for foreign investment access, adhere to the comprehensive opening up of the manufacturing industry to foreign investment, ensure the national treatment of foreign-invested enterprises, and continue to strive to create a first-class business environment that is market-oriented, law-based and internationalized. China's free pilot zones have been expanded to 22, and the scale of import and export has reached 767 trillion yuan, accounting for more than 18% of the total import and export value, Hainan Free Port's annual import and export has maintained double-digit growth for three consecutive years. In the past five years, the rate of return on foreign direct investment in China has been about 9%, about three times that of Europe and the United States, and is at a relatively high level in the world. In 2023, the country will attract foreign investment11 trillion yuan, and the newly established foreign-invested enterprises increased by 39% year-on-year7%。Tesla, Airbus, Volkswagen, Siemens, Schneider and other foreign companies continue to expand their business in China, and more than 90% of foreign companies surveyed expect their investment margins to increase or remain flat in the next five years. At present, there are more than 400 million middle-income groups in China, and it will reach 800 million in the next ten years, and the import and export volume of goods and services in China is expected to exceed 32 trillion US dollars and 5 trillion US dollars in the next five years. China's large market is bound to play an increasingly important role in expanding global aggregate demand.
Inject new momentum into the world economy and lead the new trend. An important aspect of China's economic confidence lies in the acceleration of the formation of new quality productive forces. The new quality productive forces are characterized by innovation, the key lies in high quality, and the essence is advanced productive forces. In recent years, China has made fruitful achievements in scientific and technological innovation, such as the "Shenhai No. 1" energy station, the "Shendi No. 1" oil and gas project, the C919 large passenger aircraft, and the "Jiuzhang No. 3" quantum computer, and a series of national heavyweights have been put into use, and high-speed rail, nuclear power, and ultra-high voltage transmission have led the world and technical standards have gone global. The development and application of Chinese artificial intelligence technology is at the forefront of the world, ranking first in the world in the number of publications and citations, and ranking second in the world in terms of the number of enterprises and unicorns. China's intelligent manufacturing industry is booming, and China has 62 of the 153 "lighthouse factories" selected by the World Economic Forum to represent the highest level of global intelligent manufacturing in 2023, accounting for more than 40%. According to a report by the World Intellectual Property Organization, China's ranking in the Global Innovation Index has risen from 34th in 2012 to 12th in 2023, and the number of the world's top 100 scientific and technological innovation clusters has jumped to the first place in the world. Innovation-driven development is an inevitable trend of future economic development, and China is accelerating the transformation of the world economy from old to new drivers with its own innovative development concepts and successful practices, and relying on innovation to open the door to new quality productivity.
The Spring Festival of the Year of the Dragon, which has just passed, has witnessed a brilliant start for China's economy. The number of domestic trips nationwide increased by 34 percent year-on-year3%, total consumption increased by 47 year-on-year3%, data from relevant travel platforms shows that the number of overseas flights booked has increased by 13 times this year, and the number of overseas hotels booked has increased by 4 times. From holiday consumption to outbound travel, from the box office to market sentiment, all of them have released positive signals of China's economic recovery. China's vast economy, with its profundity, vastness and incessant surviving, will continue to inject fresh water and vitality into the world economy.