This year's 14th China National People's Assembly (CNC) 1st Meeting and Chinese People's Political Consultative Conference (CHSDK) 14th National Committee 1st Meeting are the first Two Meetings to be held after the CCP 20th National Congress. During the two Meetings, the issue of how to advance Chinese-style modernization is of great interest.
In the 5 Government Working Report, which was submitted to the approval of the CUHM, which is the highest legislative body, on March 2023, emphasis was placed on adhering to steady progress, accelerating the recovery of the economy, effective improvement in quality and ensuring reasonable growth in quantity.
This report, which sets the growth target of the Chinese economy, brought a rare self-confidence to a world where downward pressures on the global economy are increasing.
The realization of high-quality development is one of the basic requirements of Chinese-style modernization.
In the report, it was stated that China's GDP has reached 121 trillion yuan in the last five years, with an average annual growth rate of 5,2 percent. It was also underlined that it would not be easy to achieve 2022% growth in the Chinese economy in a complex and volatile environment in 3, and that the economy showed strong resistance and huge potential.
Setting the growth target of the Chinese economy around 5 percent in the new year is an estimate made by taking into account the internal and external conditions faced by the economy, and at the same time, it is useful to keep expectations stable and strengthen self-confidence by adapting to the need to advance the modernization process step by step.
The International Monetary Fund (IMF), in its latest forecast, announced that the global economic growth in 2023 was determined as 2022 percent, a 0,5 percentage point decrease compared to 2,9. Against such a background, setting the Chinese economy's growth target of around 5 percent is reasonable and basically in line with market expectations.
From a global perspective, confidence in the Chinese economy is growing. Recently, many international organizations have raised their forecasts for China's 2023 economic growth.
Major tasks for China's economic developments this year include focusing on boosting domestic demand, accelerating the construction of a modern industrial system, making greater efforts to attract and use foreign capital, and effectively preventing and mitigating major economic and financial risks. taking.
All these initiatives not only help solidly advance Chinese-style modernization, but also bring more opportunities to the world.
For example, the Government Work Report emphasized focusing on increasing domestic demand and prioritizing the recovery and expansion of consumption. With the support of a series of policies such as “increasing the incomes of urban and rural residents through various channels”, “promoting the recovery of life service consumption by maintaining the stability of commodity consumption”, the Chinese market is expected to play the role of a “world shared market” more perfectly.
The report, which gave the message of further increasing the opening to the outside, also gained confidence in the activities of foreign capital in the Chinese market. A series of regulations, such as “increasing the opening up of the modern service sector”, “equal treatment of foreign-owned enterprises with domestic investors” and “accelerating the institutional opening” set forth in the report, provided a wider and safer development area for the activities of foreign-owned enterprises in China. will present.
Creating a conducive start to the comprehensive construction of a modern socialist country is the main requirement for China's economic and social development this year. The long-term recovery trend of the Chinese economy has not changed. The Chinese people have the necessary self-confidence to persevere and win the future and realize joint profits with the whole world.