The continuous growth of China's comprehensive economy has brought more value to the label of "Made in China." This is what is needed for upgrading industries. Only when a country has the world's most advanced technology can its products be accepted and purchased by most customers.
If in the past, China was not strong enough to build up such image, now China is becoming more and more qualified to do so.
"China is the largest developing country in the world; it is still in the primary stage of socialism, where it will remain for a long time to come. At this stage, development is of primary importance—it is both the basis for and the key to solving every problem we face. In order to defuse problems and risks, avoid falling into the 'middle-income trap' and achieve modernization, China must rely on development, and development requires an appropriate growth rate," the report says. I applaud this statement.
The author is an op-ed contributor to Beijing Review and a researcher with the Chinese Academy of International Trade and Economic Cooperation
Email us at: zanjifang@bjreview.com
Tasks for 2015
- Fixed Assets Investment
477.6 billion yuan budgeted by the Central Government
800 billion yuan in railway construction
8,000 km of railways to open
27 new water conservancy projects to start construction
More than 800 billion yuan in major water conservancy projects under construction
- Agriculture and Rural Development
Grain output above 550 million tons
13.3 million hectares of cropland for subsoil improvement
60 million rural residents to gain access to safe drinking water
200,000 km of rural roads to be built or upgraded
More than 10 million rural people to be out of poverty
- Urbanization
7.4 million units of government-subsidized housing to be built, including 5.8 million in rundown urban areas, a year-on-year increase of 1.1 million
3.66 million dilapidated rural houses to be renovated
- Social Security
A 10-percent increase in basic pension benefits for enterprise retirees
Monthly basic pension benefits for rural and non-working urban residents to be uniformly raised from 55 yuan to 70 yuan per person
- Medical Service
Annual government subsidy for basic medical insurance for rural and non-working urban residents to be increased from 320 yuan to 380 yuan
Annual subsidy for government expenditures on basic public health services to be elevated from 35 yuan to 40 yuan per capita
- Environmental Protection
3.1-percent cut in the intensity of carbon dioxide
2-percent reduction in both chemical oxygen demand and ammonia nitrogen emissions
3-percent drop in sulfur dioxide emissions
5-percent cut in nitrogen oxides
- Ecological Improvement
670,000 hectares of marginal farmland to be returned to forest
6 million hectares of land to be afforested
($1=6.12 yuan)
(Source: Report on the Work of the Government) |