Improving Chinese economy goes to high-quality development period

Source: ASTC | Publishing date: 2018-07-20

Embark on a new journey and continue to write a new chapter. The recently concluded central economic work conference summarizes the economic development of our country since the 18th national congress of the party, analyzes the current economic situation, and deploys the economic work in 2018.

This meeting clearly proposed and clarified Xi Jinping’s socialist economic thoughts with Chinese characteristics in the new era, clearly promoted the fundamental requirement of high quality development, adhered to the overall keynote of the work of stabilizing China and seeking progress, systematically planned and played a key role in the three crucial battles, and injected ideological leadership and practical impetus into the economic work for the next year and the next period.

Since the 18th national congress of the party, the party central Committee with comrade Xi Jinping as its core has been sticking to the general trend, seeking the overall situation, and doing practical work to push forward China’s economic development to achieve historic achievements and make historic changes. In the past five years, China’s economy has grown by an average of 7.1 % annually, becoming the main power source and stabilizer of world economic growth. Major changes have taken place in the economic structure, with the service sector contributing more than 50 % to economic growth and the rapid development of high-tech industries. Decisive progress has been made in the fight against poverty. The ecological environment has obviously improved. People’s sense of access and happiness has obviously increased. China has formed the middle-income group with the largest population in the world. Looking around the world, China’s development is “unique and beautiful here”. The reason for the great achievements lies in the correct leadership of the party central Committee with comrade Xi Jinping at the core and in the scientific guidance of Xi Jinping’s socialist economic thoughts with Chinese characteristics in the new era.

Socialism with Chinese characteristics has entered a new era, and China’s economic development has entered a new era. It is the basic feature of China’s economic development in the new era to change from the stage of high-speed growth to the stage of high-quality development”. Things must be done and things must be done.” Promoting high-quality development is an inevitable requirement to maintain sustained and healthy economic and social development, to adapt to changes in major social contradictions in our country, to build a well-to-do society in an all-round way and to build a modern socialist country in an all-round way, and to follow the laws of economic development.

Those who are willing to take power can be the first. Those who are able to seek power will surely achieve something. It is the general trend to move towards high quality development. Promoting high quality development is the fundamental requirement for determining development thinking, formulating economic policies, and implementing macro-control in the current and future periods. Only by speeding up the formation of an index system, a policy system, a standard system, a statistical system, a performance evaluation and a performance evaluation to promote high-quality development, creating and improving an institutional environment, and promoting quality change, efficiency change and dynamic change can we grasp the development opportunity and push our country’s economy to continuously make new progress in realizing high-quality development.

2018 is the first year to implement the spirit of the party’s 19th national congress, the 40th anniversary of reform and opening up, and the key year to build a well-to-do society in an all-round way and implement the 13th five-year plan. To do a good job in economic work, in particular, to do a good job in eight key tasks, and to carry out high-quality development in all aspects.

The development of high quality is the development of persisting in reform and innovation. It is necessary to deepen the structural reform on the supply side, strengthen scientific and technological innovation, stimulate the vitality of various market entities, and continuously enhance the economic innovation and competitiveness. High quality development is a fairer and more coordinated development. We must implement the strategy of rural revitalization and the strategy of coordinated regional development so that the development results can benefit all the people. High-quality development is a development that continuously meets the growing needs of the people for a better life. it is necessary to improve the level of protection and improvement of people’s livelihood, speed up the establishment of a housing system that combines multi-subject supply, multi-channel protection and rent and purchase, and continue to do a good job in the work of people’s livelihood. High quality development is the development of win-win cooperation between China and the world. It is necessary to promote the formation of a new pattern of full opening up and accelerate the cultivation of new advantages in international economic cooperation and competition. High quality development is the development of harmonious coexistence between human beings and nature. It is necessary to speed up the construction of ecological civilization and provide more high quality ecological products.

The new era brings new opportunities and calls for new actions. We must unify our thoughts and actions into the spirit of the party’s 19th national congress and into the party central Committee’s plan for economic work next year. We must forge ahead and work hard to create new glories in China’s high-quality economic development.