New Quality Productive Forces Modernizing Chinese Economy
The advancement of Chinese economy with technological innovation will help the world achieve sustainable economic growth.
The advancement of Chinese economy with technological innovation will help the world achieve sustainable economic growth.
What we see accordingly from China’s 2024 government work report is thus a multipronged economic strategy which is tailored to furthering the country’s economic development in consideration of the broader global challenges at hand.
With the benevolent state in control, individuals enjoy the freedom to live their lives, the state being there to support them.
The economic work for 2024 focuses on stable progress, making further economic growth through stabilization.
China has remained steadfast in contributing wisdom to the Universal Declaration of Human Rights, alongside actively advocating and practicing it.
China’s Law on Foreign Relations will further enrich the foreign-related legal toolbox and integrate the rule of law thinking with practice.
The government work report has injected a great sense of confidence and optimism to the 1.4 billion Chinese people and to the world.
The growth target of ‘around 5 percent’ reflects ‘quality before quantity’, showcasing China’s determination of promoting high-quality development.
Having eradicated rural extreme poverty in 2021, China is now fully focusing on the goal of common prosperity, that is ensuring that the benefits of China’s economic growth are widely and more fairly shared.
The CPC’s policies are deeply rooted in Chinese society and are aimed at benefiting all people.
In short, ironically enough, what the West fears and dislikes about China is precisely what it understands about itself: it sees itself in the mirror but mistakes the image as its other, as its evil twin.
The new era is less a rupture in time than one that aims to bridge in positive ways China’s past, present and future.