In 2021, my country's per capita GDP will exceed 80,000 yuan, which will reach US$12,551 at the annual average exchange rate, exceeding the world's per capita GDP level.

This figure is very close to the latest high-income country standard ($12,695) set by the World Bank in 2021, and even exceeds the high-income country threshold ($12,535) previously released by the World Bank.

Recently, Lin Yifu, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and dean of the Institute of New Structural Economics at Peking University, told China News Agency reporters in an interview that from the data point of view, China is only one step away from the World Bank's high-income country standards.

"I believe that in the next year or two or before the completion of the 14th Five-Year Plan, it will definitely be possible to cross the middle-income trap," said Justin Yifu Lin.

  Of course, this is based on the current US dollar, and the US dollar exchange rate will fluctuate.

He said that if there is some leeway, it may be next year, and no later than 2025 at the latest, and China will definitely be able to cross the threshold of a high-income country of US$12,695.

  Justin Yifu Lin pointed out that crossing this threshold is an important milestone in the great rejuvenation of the Chinese nation for China.

It also means a lot to the world.

Because now the proportion of the world's population living in high-income countries is 16%, and China's population accounts for more than 18% of the world's population.

Therefore, if China successfully crosses the threshold of high-income countries, the world's population living in high-income countries will more than double, which will also be an important milestone in human history.

  (Reporter Wang Shibo, Pang Wuji and Shi Rui)

Responsible editor: [Lu Yan]