Decade of Miracles: How Xi's thought steers new chapter of China's economic growth

BEIJING, March 4 (Xinhua) -- A new chapter of China's economic miracle has been written since the end of 2012, as Xi Jinping's thought has propelled unprecedented changes toward innovative, coordinated, green, open and shared development.

Decade of Miracles: How Xi's thought steers new chapter of China's economic growth

来源: 新华网
2022-03-05 11:49 
分享
分享到
分享到微信

  BEIJING, March 4 (Xinhua) -- A new chapter of China's economic miracle has been written since the end of 2012, as Xi Jinping's thought has propelled unprecedented changes toward innovative, coordinated, green, open and shared development.

  Back in 2012, when Xi took office as general secretary of the Communist Party of China Central Committee, the Chinese economy, after decades of rapid expansion, faced challenges from the lingering impact of the global financial crisis, pollution and a stack of institutional and structural problems.

  Since then, Xi's economic thought, with a new development philosophy featuring innovative, coordinated, green, open and shared development as the core, has steered the world's second-largest economy on a path of high-quality growth.

  Below are some data highlights of China's economic achievements under the guidance of Xi's economic thought.

  -- China's GDP surpassed 110 trillion yuan in 2021, compared with around 53.86 trillion yuan in 2012.

  -- China's per capita GDP reached 80,976 yuan in 2021, or 12,551 U.S. dollars calculated by the annual average exchange rate, exceeding the global average. The figure for 2012 was 39,771 yuan.

  -- China's per capita disposable income hit 35,128 yuan in 2021, more than double the level in 2012.

  -- In February 2021, China declared the elimination of absolute poverty, having lifted nearly 100 million rural poor out of poverty over the previous eight years.

  -- China's spending on R&D hit a new high of 2.44 percent of its GDP in 2021, up from 1.98 percent in 2012.

  -- China rose to 12th on the Global Innovation Index 2021 released by the World Intellectual Property Organization, remaining the only middle-income economy to rank in the top 30.

  -- The urbanization rate of permanent residents rose to 64.72 percent in 2021 from 52.57 percent in 2012.

  -- From 2011 to 2020, China's energy consumption per unit of GDP fell 28.7 percent, one of the fastest reductions in the world.

  -- Clean energy consumption accounted for 25.3 percent of total energy consumption in 2021, up from 14.5 percent in 2012.

  -- China's foreign trade in goods reached a record high of 39.1 trillion yuan in 2021, compared with 24.4 trillion yuan in 2012.

  -- Foreign direct investment into the country hit a record high of 173.5 billion U.S. dollars in 2021, compared with 111.7 billion dollars in 2012.

  (1 U.S. dollar equals 6.3288 yuan)

【责任编辑:许聃】
中国日报网版权说明:凡注明来源为“中国日报网:XXX(署名)”,除与中国日报网签署内容授权协议的网站外,其他任何网站或单位未经允许禁止转载、使用,违者必究。如需使用,请与010-84883777联系;凡本网注明“来源:XXX(非中国日报网)”的作品,均转载自其它媒体,目的在于传播更多信息,其他媒体如需转载,请与稿件来源方联系,如产生任何问题与本网无关。
版权保护:本网登载的内容(包括文字、图片、多媒体资讯等)版权属中国日报网(中报国际文化传媒(北京)有限公司)独家所有使用。 未经中国日报网事先协议授权,禁止转载使用。给中国日报网提意见:rx@chinadaily.com.cn