The level of China s economic development, the current status of China s economic development

In 2021, as the epidemic prevention and control has entered the normalization stage, China's economy has continued to improve, and a new development pattern with the domestic cycle as the main body and the domestic and international dual cycles reinforcing each other is gradually taking shape, and new comparative advantages are playing a role.

Judging from the macroeconomic data released by the National Bureau of Statistics in 2020 and the first half of 2021, China's economy has continued to improve, and new comparative advantages have been highlighted, mainly reflected in the following aspects.

On the one hand, in 2020, China's economy will improve quarter by quarter, and it will be the only major economy in the world to achieve positive economic growth, and its economic strength will reach a new level. In 2020, with the new crown pneumonia epidemic under control, China's economy was able to improve quarter by quarter, reaching a positive growth rate of one percentage point throughout the year, and the economic growth level gradually returned to normal. China's total GDP will exceed 100 billion yuan in 2020, accounting for 17% of the world's total. The per capita GDP reached 72,447 yuan, rising to the 59th place in the world; The industrial added value accounts for more than 30% of the world's total.

On the other hand, China's economy will continue to improve in 2021, and a new development pattern with the domestic cycle as the main body and the domestic and international cycles reinforcing each other is gradually taking shape. From the data published in 2021, it can be seen that:

First, from the perspective of growth structure, China's economic growth will continue to improve in 2021, and the structure will continue to be optimized. GDP in the first half of the year was 532167 billion yuan, a year-on-year increase in comparable ** calculations; The two-year average growth rate was one percentage point faster than that of the first quarter, and the economic development showed a trend of consolidation and improvement in stability. From the perspective of growth structure, the contribution rate of final consumption to economic growth in the first half of 2021 was to drive GDP growth by one percentage point; The contribution rate of gross capital formation to economic growth is to drive GDP growth by one percentage point; Net export growth drove GDP growth by one percentage point.

Second, from the perspective of industrial added value, it has basically recovered to the economic level before the outbreak of the new crown pneumonia epidemic, and the profits of industrial enterprises have grown strongly. In the first half of this year, the added value of industrial enterprises above designated size increased year-on-year, with an average growth rate of two years, an increase of one percentage point over the first quarter; The added value of the service industry contributed 53 percent to economic growth, an increase of one percentage point over the first quarter.

Third, from the perspective of the domestic market, domestic demand has recovered strongly. In the first half of this year, the national investment in fixed assets (excluding rural households) was 25,590 billion yuan, a year-on-year increase and an average growth rate of two years; The total retail sales of consumer goods 211904 billion yuan, a year-on-year increase, a two-year average growth, and a percentage point faster than the first quarter.

Fourth, from the perspective of the international market, the import and export of goods and services continued to improve. In the first half of this year, the total import and export volume of goods was 180651 billion yuan, a year-on-year increase. At the same time, from the perspective of services, in the first quarter of this year, China's import and export of services increased year-on-year; Among them, the export of services increased; Imports fell, and the deficit in services** fell.

From January to May, China's import and export of services increased year-on-year; export growth, with an average growth rate of two years; Imports fell, with a two-year average decline, and the deficit fell.

Fifteen"The level of China's economic and social development (2001-2005).

From 2001 to 2005, China's national economy continued to grow rapidly, with an average annual growth rate of gross domestic product (GDP), which was as high as one percentage point higher than the world average, and higher and one percentage point higher than the average annual growth rate of developed and developing countries, respectively. According to preliminary calculations, China's GDP reached 182321 billion yuan in 2005 (equivalent to 2,225.7 billion U.S. dollars at the average exchange rate of that year), an increase over the previous year on a comparable basis.

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Hello, I am glad to answer for you, at present, China's economic development presents the following characteristics: High-quality development: While pursuing high-speed growth, China's economy also pays more attention to the quality and efficiency of development, and promotes the continuous optimization and upgrading of the economic structure.

Infrastructure construction: Vigorously promote infrastructure construction, especially in areas such as high-speed rail, highways, and artificial intelligence. Remarkable results have also been achieved in urbanization and new-type urbanization.

The proportion of the service industry continues to increase: With the deepening of the adjustment of the industrial structure, the proportion of the service industry in the national economy has gradually increased, and has become an important driving force for economic development. Innovation leads development:

China has made great progress in the fields of artificial intelligence, 5G communications, and new materials, and has vigorously implemented the innovation-driven development strategy to become a world science and technology power. Balanced development of domestic and foreign trade: China's leading model is undergoing transformation and upgrading, adopting the policy of balanced development of import and export, and actively promoting opening up in the "Belt and Road" and free pilot zones.

Overall, China is in the stage of expanding from scale to quality improvement and innovative development, and at the same time actively promoting the balanced development of domestic and foreign trade, laying a solid foundation for future economic growth. I hope my answer is helpful to you<>

China's economic development trend is stable and improving.

From the perspective of supply, it has improved steadily, agriculture has remained stable, industrial growth has accelerated, the service industry has recovered strongly, accommodation and catering have increased year-on-year, and software and information technology services have grown. From the perspective of demand, the total retail sales of consumer goods have increased, the demand for service consumption that had been suppressed in the early stage has recovered rapidly, and the investment in fixed assets has increased.

While the recovery of domestic demand has accelerated, exports have overcome many difficulties and increased. From the perspective of confidence, the stability has strengthened, and the manufacturing purchasing managers' index and the non-manufacturing business activity index in February have hit new highs in recent years, and market expectations have improved significantly.

The huge potential and steady and healthy development of China's economy will promote the steady and solid recovery process of the world economy, and will also provide extremely broad space for cooperation and very valuable development opportunities for domestic and foreign investors. It can be said that to walk with China is to walk with opportunities, and to invest in China is to invest in the future.

Characteristics of the Chinese economy

1. The material foundation accumulated over a long period of time is abundant.

China is one of the countries with the best industrial categories and supporting facilities in the United Nations Industrial Classification, with strong industrial organization capacity and industrial chain resilience, and relatively complete infrastructure. In the face of fluctuations in the international supply system, China has strengthened its security capacity building in food, energy, industrial chains, and other key areas, creating favorable conditions for coping with external risks and challenges.

2. The advantages of the super-large-scale domestic market are obvious.

With a population of more than 1.4 billion, new industrialization and urbanization are still advancing, and the world's largest market with the most potential is a powerful engine for economic recovery.

3. The role of the new kinetic energy support has been further enhanced.

China's in-depth implementation of the innovation-driven development strategy, focusing on strengthening the strategic scientific and technological strength of the state-leased nuclear power, and effectively promoting the rapid growth of new industries, will inject new momentum into economic operation.