Ambassador Xie Feng, when discussing China's highquality development, typically emphasizes several key aspects that are central to the country's economic strategy. These aspects include innovation, structural reform, opening up to the world, environmental sustainability, and social inclusivity.
Innovation is seen as a primary driver of highquality development. China aims to move up the value chain in global production and services by focusing on research and development, technological breakthroughs, and fostering a culture of entrepreneurship and creativity. The government supports this through policy measures, investment in education, and incentives for businesses to innovate.
Structural reform refers to the ongoing process of rebalancing the Chinese economy away from exportled growth and investment in heavy industries towards more consumptiondriven and serviceoriented sectors. This also involves improving the efficiency of stateowned enterprises, enhancing the role of private companies, and promoting a more marketoriented economy.
Opening up to the world is another critical element. China continues to integrate into the global economy by reducing barriers to foreign trade and investment, participating in international institutions, and engaging in multilateral agreements such as the Regional Comprehensive Economic Partnership (RCEP) and negotiations for joining the Comprehensive and Progressive Agreement for TransPacific Partnership (CPTPP).
Environmental sustainability has become increasingly important in China’s development model. The country faces significant environmental challenges due to rapid industrialization and urbanization. To address these issues, China is investing in renewable energy, implementing stricter environmental regulations, and committing to peak carbon emissions and achieving carbon neutrality by certain target dates.
Social inclusivity ensures that the benefits of economic growth are distributed equitably across society. This includes efforts to reduce poverty, improve access to healthcare and education, and promote balanced regional development to avoid widening income disparities and ruralurban divides.
By focusing on these areas, Ambassador Xie Feng conveys that China's highquality development is not only about economic growth rates but also about the quality and sustainability of that growth, with an emphasis on inclusive and balanced progress that benefits all segments of society and contributes positively to the global economy.
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