Navigating China丨China's economy embarks on a new journey of modernization

　　Since the 18th National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping at its core has coordinated the overall strategy of the great rejuvenation of the Chinese nation and the world's unprecedented changes in a century. The spirit of innovation has led China's economic giant ship to ride the wind and waves, enabling the Chinese nation to usher in a great leap from standing up, becoming rich to becoming strong, fulfilling the millennium long-cherished wish of building a moderately prosperous society in an all-round way, and creating a new path of Chinese-style modernization. The Great Revival provides a more solid material foundation.

　　On the fields, the rice is fragrant, the corn is gradually ripening, and there is a busy scene from south to north.

This year, the country has a bumper summer grain harvest and stable early rice production. The Chinese people's rice bowl is firmly in their hands.

　　In factories, technological transformation, product upgrades, and the proportion of high-tech manufacturing in the industry will increase from 9.4% in 2012 to 15.1% in 2021.

The wave of digitalization is reshaping production methods and greatly improving efficiency.

　　In the market, consumption has stabilized, imports and exports are booming, new business formats and models are emerging one after another, the modern service industry continues to maintain rapid growth, and the primary, secondary and tertiary industrial structures of China's economy have become more coordinated and balanced.

　　In the past ten years, China has written a glorious chapter in the history of human development.

In ten years, China's GDP has doubled to more than 114 trillion yuan, and its proportion in the world economy has risen from 11.4% in 2012 to more than 18%. The contribution of China's economy to world economic growth has generally remained unchanged. At around 30%, it has become the largest engine of world economic growth.

　　Across the sea, Fang shows the true character of a hero.

　　Since 2012, the world economy has continued to slump, and the deep-seated structural contradictions accumulated over a long period of time in the domestic economy have continued to emerge.

Standing at the forefront of the times, General Secretary Xi Jinping has an insight into the situation of the times, grasps the pulse of the times, makes a major judgment that "my country's economic development has entered a new normal", clarifies the general tone of the work of "seeking progress while maintaining stability", and proposes supply-side structural reform as the main line. Promote the economy from high-speed growth to high-quality development.

Xi Jinping's Economic Thought, formed in adapting to new situations, solving new problems, and responding to new challenges, guides the great practice of China's economic development in the new era.

　　Zhang Zhanbin, Dean of the School of Marxism at the Central Party School (National School of Administration): Over the past decade, the risks and challenges we have encountered have been turbulent, with unprecedented complexity and severity.

The Party Central Committee with Comrade Xi Jinping as the core has coordinated the domestic and international overall situation and the two major issues of development and security, and pointed out a new method and new path for China's economic and social development from "how to see" to "how to do it". Chopping the waves and walking steadily and far, injecting strong confidence and motivation.

　　Based on the new development stage, completely, accurately and comprehensively implement the new development concept and build a new development pattern.

China's economy is cultivating new opportunities in the crisis and opening new situations in the changing situation.

　　Driven by innovation, in ten years, the contribution rate of scientific and technological progress to economic growth has increased from 52.2% in 2012 to more than 60%. The value added of strategic emerging industries accounted for 13.4% of GDP.

China has entered the ranks of innovative countries, and innovation is becoming the first driving force for China's economic development.

　　Looking at the land of China, from Beijing-Tianjin-Hebei to Guangdong, Hong Kong and Macao, from the banks of the Yangtze River to the banks of the Yellow River, major regional development strategic plans have been implemented one after another, and new regions have grown extremely rapidly.

In the past ten years, the per capita income gap between urban and rural residents has gradually narrowed, the equalization of basic public services has been steadily advanced, and the urbanization rate has risen from 53.1% to 64.7%. A new picture of coordinated development has been rolled out.

　　Green development plays a new chapter.

In the past ten years, my country has supported an average annual economic growth rate of 6.5% with an average annual energy consumption growth rate of 3%. The energy consumption intensity has dropped by 26.2%, and the carbon dioxide emission per unit of GDP has dropped by about 34%. Hydropower, nuclear power, wind power, etc. Clean energy accounts for more than a quarter of total energy consumption.

　　On August 31 this year, Fujian launched the first China-Laos railway international freight train. Currently, the number of goods transported by China-Laos international freight trains across the country has expanded from more than 100 at the initial stage to nearly 2,000.

　　In ten years, my country's total trade volume has jumped from 4.4 trillion US dollars in 2012 to 6.9 trillion US dollars in 2021, and the share of China's merchandise exports in the international market has risen from 11% to 15%." The Belt and Road Initiative has extended from Asia and Europe to Africa, Latin America, South Pacific and other regions, forming a new pattern of all-round and high-level opening up.

　　The fruits of development are shared by the people.

In the past ten years, my country has historically solved the problem of absolute poverty that has plagued the Chinese nation for thousands of years. Nearly 100 million rural poor people have all been lifted out of poverty, and a moderately prosperous society has been built on the land of China.

People's sense of gain, happiness and security have been significantly enhanced.

　　Aihemaitijiang Aihemaititoheti, a villager of Bagqi Village, Jiahan Bage Township, Moyu County, Xinjiang: We live on the edge of the desert, but we have all kinds of traffic by road, railway and plane, and we can go wherever we want. Very convenient.

　　Zhang Xiaohua, a citizen of Jiaxing, Zhejiang: Now our libraries, cultural centers, and smart study rooms in our town are all free and open, and you can enjoy all kinds of wonderful cultural life within 15 minutes' walk.

　　Hong Jiayong, a villager in Yongmaowei Natural Village, Shiye Town, Dantu District, Zhenjiang City, Jiangsu Province: The cement road leads to every household in the village.

Every household is much better than before.

　　A long wind and a new journey.

　　At the critical moment of the new journey of building a modern socialist country in an all-round way and marching towards the second centenary goal, with the strong leadership of the Party Central Committee with Comrade Xi Jinping at the core, and the solidarity of more than 1.4 billion Chinese people, we are marching forward bravely. China's economy will surely be able to cross the rapids and rapids, and stride forward on the road of higher quality, more efficient, more equitable, more sustainable and safer development.