久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / From the Press

Local to-do lists underscore China's economic vitality

Xinhua | Updated: 2025-01-28 07:44
Share
Share - WeChat
The skyline of Beijing. [Photo/VCG]

In the run-up to Chinese New Year, the local "two sessions" meetings, which recently concluded, have devised pragmatic roadmaps for high-quality growth in 2025, highlighting the Chinese economy's remarkable resilience and dynamic potential.

Provincial-level "two sessions" -- the annual meetings of provincial legislative and political advisory bodies -- generally take place before the national "two sessions" and offer a glimpse into the country's economic operations for the year ahead. The world's second-largest economy met its annual growth target in 2024, with GDP expanding 5 percent year on year thanks to a raft of pro-growth policies.

Based on government reports unveiled at local "two sessions," most of China's provincial-level regions have set their local GDP growth targets for 2025 at about 5 percent or higher. These local growth targets provide a clue to the prospects of the national economy in the final year of the country's 14th Five-Year Plan.

Guangdong, a manufacturing hub in south China, has announced a growth target of around 5 percent for 2025. In the past year, Guangdong became the first province to boast a GDP of 14 trillion yuan ($1.95 trillion dollars), exceeding that of the Republic of Korea.

Jiangsu province, another economic powerhouse, has projected growth of over 5 percent for this year, backed by a structural optimization strategy focused on "eliminating outdated production capacities" and "nurturing future industries." This approach of balancing quality with quantity is at the heart of China's sustainable economic development.

New quality productive forces, industrial upgrades and technological innovation have continued to figure prominently in local economic roadmaps. Beijing's government work report highlights a focus on 20 emerging sectors, including humanoid robotics, bio-manufacturing and new materials. Such initiatives will help solidify the foundation for economic stability and accumulate momentum for future progress.

Thanks to the country's visa-free policy and various incentives, cultural and tourism sectors expect a strong growth this year. The ongoing winter tourism boom and the upcoming Spring Festival holiday may well secure a good start in the sectors. Shaanxi province, a major tourism power in northwest China, reaped a double-digit growth in cultural and tourism income in 2024, the province expects a further growth of over 5 percent this year.

In response to fluctuating external demand, local governments have zeroed in on expanding domestic consumption as a key growth driver. Many provinces and cities are focusing on upgrading equipment and encouraging the replacement of old consumer goods, including automotive and household appliances.

Some regions also place emphasis on investment. Shanghai is pushing forward major projects with a total investment of 240 billion yuan. Such moves are set to create a positive cycle of investment and consumption to reinforce economic stability.

Far from retreating under external pressure, China is expanding its opening-up efforts to counteract the risks of de-globalization. Jiangsu is implementing measures to eliminate restrictions on foreign investment in the manufacturing sector, offering incentives for foreign enterprises to reinvest profits, and supporting pilot zones to attract foreign capital in industries like telecommunication and health care.

High-quality development and high-standard opening up are China's answer to an uncertain external environment. Local governments are putting them into practice.

Both the International Monetary Fund and the World Bank have recently raised their forecasts for China's economic growth in 2025. As China has been a major engine for global economic growth, this should be a shot in the arm for a world eager to walk out years of sluggish growth.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 午夜影院福利社 | 国产精品久久久久久久免费大片 | 精品日本久久久久久久久久 | 日韩男人的天堂 | 久久爱com| 成年毛片| 亚洲a级在线观看 | 香蕉伊人网 | 末成年娇小性色xxxxx | 久草网视频| 91久久国产精品视频 | 日韩在线观看视频免费 | 一本高清 | 日本护士一级毛片在线播放 | 亚洲七七久久精品中文国产 | 日韩成人午夜 | a欧美在线 | 国产一区二区三区免费视频 | 午夜一级毛片不卡 | 足恋玩丝袜脚视频免费网站 | 日本一线一区二区三区免费视频 | 国产欧美一级片 | 中文字幕在线乱码不卡区区 | 精品国产欧美一区二区三区成人 | 国产精品情侣久久婷婷文字 | 成人免费看www网址入口 | 在线免费看a | 成人免费视频一区二区三区 | 爽爽在线 | 成人国产精品免费视频不卡 | 成人亲子乱子伦视频 | 香港经典毛片a免费观看 | jiz欧美高清 | 韩国三级日本三级香港三级黄 | 中文乱码字幕午夜无线观看 | 亚洲精品久久久久综合中文字幕 | 91一区二区视频 | 日韩欧美一区二区三区久久 | 香蕉视频黄在线观看 | 99精品久久久久久 | 一级毛片成人免费看a |