Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Brazil exits World Cup after Norway Round of 16 victory

    July 6, 2026

    Iraq sets Halliburton contract for Basra oil fields

    July 6, 2026

    India and Japan expand AI and economic security ties

    July 4, 2026
    • Home
    • Contact Us
    Arab WebcastArab Webcast
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Arab WebcastArab Webcast
    Home » CGTN: China targets high-quality development on its path to modernization
    PR Newswire

    CGTN: China targets high-quality development on its path to modernization

    March 6, 2023
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    BEIJING, March 6, 2023 /PRNewswire/ — When meeting the press on Sunday morning, Shan Zenghai, a deputy to the 14th National People’s Congress (NPC) and chief engineer of Xuzhou Construction Machinery Group, announced that his company, a construction giant of the country, now has lifted cranes to new heights.

    Rising above obscurity in the sector of manufacturing, the group now boasts full proprietary intellectual property rights for all key components of its all-terrain cranes, injecting fresh impetus into China’s high-quality development, Shan said.

    Hours later in the afternoon, the NPC deputy from the delegation of east China’s Jiangsu Province welcomed an important fellow deputy – President Xi Jinping – to their deliberations at the first session of the 14th NPC after the nation’s top legislature started its annual session in Beijing.

    During the group discussion, Xi underscored the importance of pursuing high-quality development, calling it the “first and foremost” task in China’s modernization endeavor.

    Quality matters

    China aims to achieve a faster economic growth of around 5 percent with better quality of development in 2023, as the world’s second-largest economy gathers pace to build up a recovery momentum and push ahead with its modernization drive.

    As one of the engines driving China’s economic growth, Jiangsu has become a front-runner in the country’s modernization efforts. In 2022, Jiangsu’s GDP reached 12.28 trillion yuan ($1.77 trillion), a 2.8-percent increase over the previous year, and its economic output accounted for 10.2 percent of the country’s total.

    During Sunday’s discussions, Xi affirmed what Jiangsu has achieved over the past five years, and called on it to continue to lead on the path of high-quality development.

    His election in Jiangsu as a deputy to the 14th NPC has been widely interpreted as the great importance the top leadership has attached to the Chinese path to modernization, and to the establishment of a new development pattern, a priority he had stressed during a 2020 inspection tour.

    Back then, he urged efforts to apply the new development philosophy and foster a new development pattern to advance high-quality and sustainable economic and social development, not only in the province but also in the rest of the country.

    Over the past decade, China’s economy has grown by leaps and bounds, with a greener and more efficient economy enabled by a shifted focus to high-quality development. For instance, the country’s energy consumption per 10,000 yuan of gross domestic product in 2022 decreased by 0.1 percent from 2021, while CO2 emissions per 10,000 yuan of GDP fell 0.8 percent year on year, according to the National Bureau of Statistics.

    Self-reliance in science and technology

    In the pursuit of high-quality development, China is also doubling down on technological innovation as a primary driver of growth.

    As early as 2014, in another tour of Jiangsu Province, Xi highlighted the role of innovation in economic development, saying that China must rely on innovation to achieve continuous and healthy economic development.

    The president called for close coupling between science and technology and the economy, as well as deep integration among industry, university and research so as to achieve seamless connection between industries and science and technology.

    In 2022, China spent a record 3.09 trillion yuan on research and development, a 10.4-percent year-on-year increase that could be credited with the nation’s accelerated efforts to enhance its innovation capability for more breakthroughs.

    The country should continue to make efforts to build industrial science and technology innovation centers with global influence, said Xi during the deliberations.

    He also emphasized that the ultimate goal of promoting high-quality development is to deliver happiness and well-being to the people.

    https://news.cgtn.com/news/2023-03-05/Xi-attends-deliberation-of-Jiangsu-delegation-at-legislative-session-1hVrhJvVcDm/index.html

    Cision View original content:https://www.prnewswire.co.uk/news-releases/cgtn-china-targets-high-quality-development-on-its-path-to-modernization-301762946.html

    Related Posts

    Azentio Welcomes Sanjay Singh as New Chief Executive Officer

    August 30, 2023

    CGTN:"The Art Beat" Season II- Eight Artists Offer Fresh Takes on the China Story

    August 30, 2023

    OPPO Next-gen Foldable Smartphone Coming Soon to Global Markets

    August 29, 2023

    The American TV Broadcasting Company WQED Adopts Infortrend Storage for Seamless Media Editing Workflows

    August 29, 2023

    JA Solar Supplies Modules for South Korea’s First n-Type Grid-Connected Project

    August 29, 2023

    ARCTECH CELEBRATES THIRD ANNIVERSARY SINCE IPO WITH A GLOBAL VISION

    August 29, 2023
    Editor's Pick

    Brazil exits World Cup after Norway Round of 16 victory

    July 6, 2026

    Iraq sets Halliburton contract for Basra oil fields

    July 6, 2026

    India and Japan expand AI and economic security ties

    July 4, 2026

    Emirates tops 1 million Starlink Wi-Fi connections

    July 3, 2026

    Oyarzabal brace sends Spain past Austria at World Cup

    July 3, 2026

    World Bank backs Morocco hydropower storage with $265m

    July 3, 2026

    South Korea exports reach record US$102.25 billion in June

    July 2, 2026

    Japan new car sales rise 1.8% in first half of 2026

    July 2, 2026

    Harry Kane lifts England into World Cup round of 16

    July 2, 2026
    © 2026 Arab Webcast | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.