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We will promote high-quality economic development

The growth rate of total retail sales of consumer goods accelerated, the growth rate of added value of industries above designated size accelerated, and the surveyed urban unemployment rate was lower than the same period of last year. Not long ago, the National Bureau of Statistics released major economic data for October, which showed that major macro indicators were generally within a reasonable range. The Chinese economy has maintained steady recovery, demonstrated strong resilience and made steady progress on the road to high-quality development.


The Resolution of the CPC Central Committee on the Major Achievements and Historical Experience of the Party's Centennial Endeavor adopted at the sixth Plenary Session of the 19th CPC Central Committee summarizes the great achievements of socialism with Chinese characteristics in the new era from 13 aspects, one of which is the achievements in economic development. The economy will continue to expand, its quality and efficiency will continue to improve, the economic structure will continue to improve, and people's livelihood will be improved. The achievements of economic development are reflected not only in the grand narrative of China's development and progress, but also in people's growing sense of gain, happiness and security.


After the reform and opening up, the Party focused on economic construction and led the people to work hard, creating a miracle of rapid economic development, and the country's economic strength rose substantially. At the same time, some local governments and government departments are one-sided in their pursuit of speed and scale, and their models of development are extensive. As a result of the continued downturn in the world economy in the wake of the international financial crisis, structural and institutional problems in the economy are accumulating, and unbalanced, uncoordinated and unsustainable development is becoming a serious problem. The party central committee with comrade xi as the core concept of trend, seeks the event, the general situation, to strengthen the basis of Chinese economy, break through the key, win the future made a series of major decisions, map out the grand blueprint, stressed the need to implement innovation became the first power, coordination becomes endogenous characteristics, green becomes universal, open way, sharing become the fundamental purpose of high quality development, We will promote changes in the quality, efficiency, and driving force of economic development.


China's economic ship, braving waves and sailing steadily, cannot do without steering the ship and pointing the flag. "China's economy has shifted from a stage of high-speed growth to a stage of high-quality development." With high-quality development as the anchor of the goal, China has transformed the development model, improved the economic structure, and transformed the drivers of growth. "Adhering to the new development concept is a profound change that bears on China's overall development." We should use the new development concept to steer the course and achieve development that is of higher quality, more efficient, fairer, more sustainable and more secure. "Building a new development pattern is a strategic choice to keep pace with The Times and improve the level of China's economic development." Since the 18th National Congress of the Communist Party of China (CPC), General Secretary Xi Jinping has made a scientific assessment of the economic situation and put forward many major theories and concepts on economic and social development.


Development is the absolute principle and the top priority of the Party in governing and rejuvenating the country. We will strengthen strategic planning and unified leadership over economic work, and improve the system and mechanism for party leadership over economic work. We will unwaveringly consolidate and develop the public sector of the economy and encourage, support and guide the development of the non-public sector. We will continue to implement the strategy of innovation-driven development and make self-reliance in science and technology the strategic underpinning of national development. We will comprehensively implement supply-side structural reform, strengthen the real economy and develop the digital economy. We will improve macroeconomic governance and develop new ideas and methods for macro-control. We will implement the strategy of coordinated regional development and promote the formation of an economic layout featuring complementary advantages and high-quality development among regions. We will always make solving problems related to agriculture, rural areas, and farmers the top priority in the Party's work, and implement the rural revitalization strategy... Since the 18th NATIONAL Congress of the CPC, the CPC Central Committee with Comrade Xi Jinping at its core has made major decisions and plans on doing a good job in economic work, providing a solid guarantee for high-quality economic development. Today, balance, coordination, sustainable economic development in our country is obvious enhancement, exceeding RMB one hundred trillion, GDP per capita gross domestic product more than $ten thousand, the country's economic strength, technological strength, comprehensive national strength onto a new stage, our country economy to higher quality, more efficient, more fair, more sustainable and more secure development.


History illuminates the future, and struggle never ends. The miracle of China's rapid economic development and the substantial jump in economic strength have laid a solid material foundation for the realization of higher goals, and the trend is on our side. On this great new journey, we must focus on the new stage of development, apply the new development philosophy, build a new development landscape, promote high-quality development, and concentrate on running our own affairs well. By doing so, we will be able to seize the initiative in future development and steer the Chinese economy toward an even better future.


Source: State-owned Assets And Administration Commission of The State Council