China's "Eleventh Five-Year" Economic Total Increases Its Comprehensive National Strength

In the past five years, is China's economy still okay? The National Bureau of Statistics responded to the world’s questions with detailed data and analysis on the 1st: The national economy has maintained a steady and rapid growth, and the overall national strength has increased dramatically. During this period, the total economic output surpassed that of Germany and Japan, and it has steadily increased its ranking in the world.

The National Bureau of Statistics opened today with "New Development, New Leaps, and New Chapters" to describe China's "Eleventh Five-Year Plan" economic and social development achievements.

The steady and rapid economic growth is obvious to all. From 2006 to 2010, China’s gross domestic product grew at an average annual rate of 11.2%, not only far above the average annual growth rate of the world economy over the same period, but also 1.4% faster than the average annual growth rate during the “10th Five-Year Plan” period. This is the most since the reform and opening up. One of the fast periods.

The total economic volume has continued to a new level. In 2010, China’s GDP reached 397.983 billion yuan, which was 69.9% higher than in 2005 after deducting price factors. It was converted to an average exchange rate of USD 5879.1 billion, surpassing Japan and becoming the world’s second largest economy after the United States.

The per capita GDP is increasing rapidly. It is initially expected that in 2010, China’s per capita GDP will reach 29,748 yuan. After deducting price factors, it will increase by 65.7% over 2005, with an average annual increase of 10.6%, which is higher than the average annual increase during the Tenth Five-Year Plan period. 1.5 percentage points faster. At the same time, the income of urban and rural residents has grown rapidly.

The country’s fiscal power has obviously increased. In 2010, China’s fiscal revenue exceeded 8 trillion yuan, reaching 830.8 billion yuan, 1.6 times more than in 2005, with an average annual increase of 21.3%. At the end of 2010, China’s foreign exchange reserves had reached US$284.73 billion, an increase over 2005. 2.5 times, surpassed Japan in 2006 and ranked first in the world for five consecutive years.

In addition, the level of foreign economic and foreign trade has increased and the open economy has reached a new level. The total volume of import and export trade has been among the top in the world in recent years, among which the value of goods exports surpassed Germany in 2009 to rank first in the world; the amount of goods imported was second only to the United States, ranking second in the world; The country with the most foreign capital.

The "Shenzhou VII" manned space flight was a complete success. The Chang'e-1 and Chang'e-2 satellites were successfully launched. The first petascale supercomputer system, the first deep-sea manned submersible and other major scientific and technological projects achieved fruitful results. A portrait of China's scientific and technological progress.

All these have laid a good foundation for the long-term sustainable development of China's economy and society. However, the National Bureau of Statistics also reminded that in China's economic and social development, there are still contradictions and problems such as lack of endogenous development impetus, unbalanced ratio of investment and consumption exports, weakening of low-cost advantages, increasingly prominent social equity issues, and widening income distribution gaps. Therefore, we must take the initiative to adapt to changes in the environment and effectively resolve all kinds of contradictions in order to achieve the goal of building a well-off society in an all-round way.

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