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Economy

5-year feats reveal China's path to development success(3)

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2020-11-06 09:13:21Xinhua Editor : Mo Hong'e ECNS App Download
Aerial photo taken on July 26, 2019 shows a forest park in Qinling Mountains in Xi'an, northwest China's Shaanxi Province. (Xinhua/Liu Xiao)

Aerial photo taken on July 26, 2019 shows a forest park in Qinling Mountains in Xi'an, northwest China's Shaanxi Province. (Xinhua/Liu Xiao)

GREEN, SUSTAINABLE PATH

"Lucid waters and lush mountains are invaluable assets" has evolved into a guideline for China's quest for a greener future through sustainable development.

Since 2016, the country has made significant progress in controlling pollution and improving its environment as it pursues a green development path. Air and water quality has improved, and the economy has become more energy-efficient.

In 2019, energy consumption per unit of value-added industrial output by major firms dropped by more than 15 percent from 2015 -- equivalent to saving 480 million tonnes of standard coal.

According to the Party leadership's proposals, China will introduce a series of measures to facilitate the overall green transformation of economic and social development, aiming to further reduce its carbon intensity, or the amount of carbon emissions per unit of GDP, and achieve the goal of having CO2 emissions peak before 2030. The country will also actively take part in and lead international cooperation in tackling climate change and other ecological and environmental protection initiatives.

UNSWERVING OPENING UP

China has long maintained that opening up is a fundamental national policy regardless of how the international and domestic situations evolve, advancing development for itself and offering more opportunities for the rest of the world to do the same.

Since 2016, the country has opened wider to the world, adding 17 pilot free trade zones nationwide. It has also remained a favored destination for foreign investment due to relentless efforts to nurture a more welcoming business environment.

China has vowed to pursue high-level opening up and leverage the advantages of its huge market to promote international cooperation for win-win results in the span of the upcoming 14th Five-Year Plan. The aim is to turn the country's market into a market for the world, a market shared by all, and a market accessible to all.

"Deeper involvement in international circulation is an integral part of China's efforts to establish a new development pattern," said Han Wenxiu, an official of the Central Committee for Financial and Economic Affairs.

COMMON PROSPERITY

China's development has consistently reflected a people-centered philosophy, which views people as the fundamental force determining the country's future and aims to ensure that the people enjoy a happy life.

Endeavors to ensure a better life for the people have yielded fruitful results over the past five years, with more than 50 million impoverished people in rural areas shaking off poverty from 2016 to 2019. China's per capita disposable income rose 6.5 percent year-on-year on average in real terms.

Advancing poverty alleviation has been the top priority for the CPC since the 18th CPC National Congress, and lifting all rural residents living below the current poverty line out of poverty represents a significant step toward common prosperity.

According to the Party leadership's proposals, China is expected to solidly promote common prosperity and make steady progress toward enhancing people's senses of gain, happiness and security, and will promote all-round human development and social progress across the board. 

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