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China sees more economic, sci-tech capabilities, composite national strength in 2024: official

China

China

China

China sees more economic, sci-tech capabilities, composite national strength in 2024: official

2025-01-03 16:24 Last Updated At:01-04 03:47

China had seen a marked increase in its economic strength, scientific and technological capabilities and composite national strength in 2024 with new solid strides forward in advancing Chinese modernization, a deputy head of the country's top economic planner, said on Friday.

Zhao Chenxi, deputy director of the National Development and Reform Commission (NDRC), briefed the media on the country's achievements in advancing high-quality development in the past year at a press conference in Beijing.

"We made solid progress in promoting coordinated development, and improving spatial configurations. In terms of regional development, the leading and driving role of the Beijing-Tianjin-Hebei region, the Yangtze River Delta region, and the Guangdong-Hong Kong-Macao Greater Bay Area was further enhanced. The ecosystem and the environment quality in the Yangtze River and the Yellow River basins kept improving. The efforts to promote the integrated development of regional strategies achieved positive results. In terms of urban-rural coordination, we issued and put into effect the second round of all-around rural revitalization, with efforts made to consolidate and expand our achievements in poverty alleviation. The work-relief programs created over 3 million employment opportunities," Zhao said.

The five-year action plan on deepening the people-centered new urbanization strategy was advanced through concrete measures in the past year, he said.

"We accelerated the green and low-carbon transformation, with green being a more notable feature in China's development. On the one hand, we unveiled a set of guidelines to ramp up green transition in all areas of economic and social development, thoroughly implemented a comprehensive conservation strategy, and made steady progress in achieving the goals of carbon peak and carbon neutrality. On the other hand, we accelerated the implementation of major projects for protecting and restoring key ecosystems, formulated compensation regulations for ecological conservation, and took measures to keep skies blue, waters clear, and land pollution-free. In the first three quarters of 2024, the average concentration of fine particulate matter, or PM2.5, dropped by 3.6 percent year on year in cities at and above the prefecture level," Zhao said.

"The level of openness steadily improved, and international cooperation continued to expand last year. The import and export saw a relatively rapid growth. In the first 11 months of 2024, China exported a total of 5.84 million vehicles, ranking first in the world and hitting a record high," he said.

With regard to the high-quality Belt and Road cooperation, China signed the Belt and Road cooperation plan with Brazil, Peru, Singapore and other countries in 2024, he added.

"Shared development was comprehensively promoted, with efforts made to ensure people's wellbeing. Solid and effective measures were taken to benefit the people, stabilize employment, boost household income, and improve the quality of public services. So far, there are nearly 100,000 public childcare facilities and 410,000 elderly care institutions and facilities in China," Zhao said.

China sees more economic, sci-tech capabilities, composite national strength in 2024: official

China sees more economic, sci-tech capabilities, composite national strength in 2024: official

China sees more economic, sci-tech capabilities, composite national strength in 2024: official

China sees more economic, sci-tech capabilities, composite national strength in 2024: official

The U.S. share of global GDP under President Donald Trump has fallen to its lowest level since 1980, Russian news agency RIA Novosti reported on Saturday.

RIA Novosti said data from the World Bank and the International Monetary Fund show that U.S. purchasing power parity sank to 14.65 percent last year.

That's compared to an average of 14.93 percent during former President Joe Biden's four years in office.

U.S. share of global economy hits lowest point since 1980: Russian media

U.S. share of global economy hits lowest point since 1980: Russian media

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