“十四五”·答卷｜中国经济“成绩单”彰显高质量发展新成效

Economic Performance - China's GDP is expected to reach approximately 140 trillion yuan this year, with an average annual growth rate of 5.5% over the past four years, resulting in an increase of over 35 trillion yuan during the "14th Five-Year Plan" period [5][10][12] - The GDP growth during the "14th Five-Year Plan" is unprecedented, maintaining an average increase of 10 trillion yuan annually from a substantial economic base [8][35] Domestic Demand and Consumption - Domestic demand is emphasized as a fundamental driver of economic growth, with consumption contributing approximately 60% to economic growth during the "14th Five-Year Plan" [14][16] - The government has implemented policies such as the "old-for-new" consumption initiative, with 69 billion yuan allocated for the fourth batch of funds, stimulating market activity [16][18] Foreign Trade - Despite global challenges, China's foreign trade has shown resilience, with merchandise trade surpassing 6 trillion USD, maintaining its position as the world's largest trader [19][23] - From 2020 to 2024, China's export value is projected to increase from 2.6 trillion USD to 3.6 trillion USD, reflecting a growth of 1 trillion USD [23] Research and Development - National R&D investment is expected to exceed 3.6 trillion yuan in 2024, marking a 48% increase from 2020, with an R&D intensity of 2.68%, surpassing the EU average [27][28] - The focus on R&D has supported breakthroughs in new technologies and products, particularly in the manufacturing sector, enhancing the overall industrial ecosystem [28][30] Innovation and Industry Transformation - The "14th Five-Year Plan" has led to significant advancements in technology and industry, with China achieving milestones such as the operation of the first fourth-generation nuclear power station and the completion of the Tiangong space station [30] - Traditional industries are undergoing transformation through technological innovation, with a focus on higher quality and efficiency, contributing to the overall economic development [31][33]