The year 2020 will be an extraordinary year in the history of New China. Influenced by the outbreak of Covid-19, the global economy is on the decline, and unstable and uncertain factors are on the rise. Global production and demand have suffered a comprehensive impact.
Over the past year, China has made significant progress in overcoming the impact of the epidemic, coordinating epidemic prevention and control and promoting economic and social development. The 13th Five-Year Plan was successfully concluded and the 14th Five-Year Plan was comprehensively planned. The establishment of a new development pattern was accelerated, and high-quality development was further implemented. China is the first major economy in the world to achieve positive growth, and its GDP is expected to reach one trillion yuan by 2020.
At the same time, the strong resilience of the Chinese economy is also particularly evident in 2020, indicating the basic trend of stable and long-term growth of the Chinese economy.
The confidence and confidence behind this resilience comes from the solid material foundation, abundant human resources, complete industrial system, and strong scientific and technological strength that China has accumulated over the years. At the same time, the resilience of the Chinese economy demonstrates that at major historical junctures and in the face of major tests, the CPC Central Committee’s judgment, decision-making capacity and action force play a decisive role and China’s institutional advantage of concentrating resources to accomplish major undertakings.
In the recent 14th Five-Year Plan and the Recommendations on the Vision Goals for 2035, innovation-driven development has been placed at the top of 12 major tasks, and “innovation plays a central role in China’s overall modernization drive” has been included in the recommendations.
This year, emerging industries such as unmanned delivery and online consumption showed great potential. The rise of “residence economy” reflects the strength and tenacity of China’s consumer market. Industry insiders pointed out that the emergence of new economic forms and new drivers has accelerated the transformation process of enterprises, and the Chinese economy is still resilient enough to stride forward on the road of high-quality development.
Investment accelerated, consumption picked up, imports and exports grew steadily… It is the strong resilience and resilience of the Chinese economy that underlies these achievements.
Post time: Feb-07-2021