“十五五”时期仍有七大“红利”

Economic Growth Dividend - China's economy has maintained an average annual growth rate of 8.9% from 1979 to 2023, surpassing the world average of 3% during the same period, contributing 24.8% to global economic growth, ranking first globally [1] - The GDP for 2024 is projected to reach 135 trillion yuan, with a compound annual growth rate of 6.0% over five years based on 2019 figures, and a year-on-year growth of 5.2% in the first three quarters of this year, with an annual expectation of around 5.0% [1] Market Dividend - The total retail sales of consumer goods in 2024 are expected to exceed 48 trillion yuan, with logistics totaling 360.6 trillion yuan and foreign trade imports and exports surpassing 43 trillion yuan, leading to a combined market scale of 500 trillion yuan, which is expected to double by 2035 [2] - The private sector contributes over 50% of tax revenue, 60% of GDP, 70% of technological innovations, 80% of urban employment, and 90% of the number of enterprises in China, highlighting the significant role of private enterprises in the economy [2] Manufacturing Dividend - China is the world's largest manufacturing country, accounting for over 30% of global manufacturing output, and has maintained this position for 15 consecutive years [3] - In 2024, the export value of chips is expected to reach 1.14 trillion yuan, making it the largest export commodity, with a daily output of 1.2 billion pieces [3] Technological Innovation Dividend - China is making breakthroughs in technology, with advancements in quantum communication, quantum computing, and 5G/6G technologies, which are globally competitive [4] - By 2025, the contribution of the digital economy to GDP growth is expected to exceed 60% [4] R&D Investment Dividend - R&D investment in China is projected to reach 2.68% of GDP by 2024, with over 70% of R&D funding coming from market entities [5] - Companies like Huawei have invested over 1.2 trillion yuan in R&D over the past decade, with R&D accounting for 25.1% of its revenue in 2023 [5] Digital Infrastructure Dividend - China is building a national integrated computing power system, with significant advancements in 5G coverage and the development of 6G standards, which account for 39.8% of the global market [6] - The digital economy is expected to account for 55% of GDP this year, contributing significantly to economic growth [6] Regional Economic Development Dividend - Major regional strategies such as the Beijing-Tianjin-Hebei coordinated development and the Guangdong-Hong Kong-Macau Greater Bay Area are driving economic growth, with 27 cities in mainland China exceeding a GDP of 1 trillion yuan [7] - China has established strong trade relationships with ASEAN, becoming a model for open economies [7] Institutional and Strategic Dividend - China is advancing institutional openness, implementing visa-free transit policies for over 50 countries, and extending the stay duration for transit visitors to 240 hours [8] - The country has also implemented zero tariffs for 43 least developed countries, showcasing its commitment to open trade [8]