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Politics

China -- Ten perspectives on a remarkable decade(2)

2022-10-14 08:18:41Xinhua Editor : Li Yan ECNS App Download
Special: 20th CPC National Congress

GOING DEEPER

The Jinping Underground Laboratory, located 2,400 meters beneath the surface in southwest China's Sichuan Province, is the deepest underground laboratory in the world.

Within the depths of this lab, experiments in astrophysics and dark matter are able to be performed, which has helped China attain leadership in the world concerning research in these fields.

The construction of the lab is just an epitome of China's broader enormous strides in exploring the mysteries of space and seeking excellence in the pursuit of science.

China has been striving to strengthen scientific and technological innovation by placing it at the center of overall national development. Major achievements include the unveiling of the Fendouzhe deep-sea manned submersible, the Five-hundred-meter Aperture Spherical Radio Telescope (FAST) and the launch of a deep space monitoring network.

POWER OF REFORM

China's consistent and firm reform efforts were the powerful impetus behind the country's historical changes and substantial achievements in the past decade.

By fully leveraging the decisive role of the market in allocating resources, China has granted market entities more vitality and space to develop and amass wealth. Driven by these efforts, China's market entities have been growing and are playing crucial roles in fuelling the economy and stabilizing employment.

The number of market entities registered in China has topped 160 million, creating job opportunities for approximately 300 million people, official data showed.

Focusing on ensuring and improving people's well-being, the Chinese government has made institutional innovations ranging from trial projects in pursuit of effective rural residential land reform to the reform of the medical and healthcare system.

Amid efforts to boost opening up, China has also shortened the negative list for foreign investment for five consecutive years since 2017, and put more laws and regulations into force, including the Foreign Investment Law, to step up protection for foreign investors.

SOLID FOUNDATION

Under natural conditions, it takes 200 to 400 years to form a one-centimeter layer of black soil that is very precious for farming.

In the northeastern province of Heilongjiang, the average thickness of the arable layer in the black soil area has increased from 19.8 cm to 23.3 cm due to the promotion of agricultural technologies, crucial to ensure China's grain security.

Just like crops need fertile soil to grow, China achieved tremendous growth in the past decade thanks to its robust economic fundamentals.

China boasts the biggest and most complete industrial system worldwide. It is the world's largest producer of over 220 types of industrial products and has all the industrial categories listed in the United Nations industrial classification.

The country also built the world's largest 5G network, largest high-speed railway system, largest expressway network and largest online retail market.

All these efforts help create a solid foundation for the development of the real economy and China's industrial upgrading.

HIGHER DENSITY

China is seeking to increase the "density" of its economic growth -- higher-quality and more efficient economic expansion by maximizing economic and social benefits, advancing innovation, and boosting emerging sectors while minimizing the environmental impact and resource exploitation.

Compared with 2012, China's energy consumption, carbon emissions and water consumption per unit of GDP had dropped by 26.4 percent, 34.4 percent and 45 percent, respectively, in 2021.

China's land consumption per unit of GDP declined by 40.85 percent in the 2012-2021 period.

China's innovation capabilities have grown significantly, with the country moving up to 11th place in the Global Innovation Index 2022 released by the World Intellectual Property Organization, 23 places higher than its 2012 ranking.

New growth drivers such as biomedicine, new energy vehicles, and artificial intelligence constantly came to the fore, injecting new impetus into the Chinese economy.

REACHING OUT

China is leaving ever-increasing marks on global development, bringing better lives and other tangible benefits to countries and regions worldwide.

A series of landmark projects bore witness to this contribution. The Peljesac Bridge in the south of Croatia, built by a Chinese consortium, opened in July 2022. It realized "the centuries-old dream of connecting the south with the rest of Croatia," said Croatian Prime Minister Andrej Plenkovic.

Thanks to the China-proposed Belt and Road Initiative, the Maldives has its first cross-sea bridge, Serbia's Smederevo steel mill restored prosperity, and the Mombasa-Nairobi Standard Gauge Railway helped facilitate transportation along the route.

A vast market, a host of myriad global events, a manufacturing powerhouse -- China has never been more integrated into the world economy.

Currently, an average of over 73 million yuan worth of goods are traded per minute between China and the rest of the world, while over 40 trains travel back and forth between China and around 200 European cities every day.

INFUSING WARMTH

Guided by the people-centered philosophy upheld by the Chinese leaders, the country's remarkable development in the past decade has spread warmth and care among its people.

Nearly 99 million rural poor people were lifted from poverty as the country eradicated absolute poverty for good, and a moderately prosperous society in all respects has been built.

Some 350 million rural students are guaranteed a nutritious diet, while 1.04 billion people are covered by basic pensions and 1.36 billion by medical insurance.

Going forward, China has set out new development goals and placed common prosperity in a more prominent position, aiming at affluence shared by everyone, both in material and cultural terms.

"We must insist that our development is for the people and depends on the people and that its fruits are shared by the people," stated a document on the country's development for the 2021-2025 period and long-term goals through 2035.

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