Economic Growth - During the "14th Five-Year Plan" period, China's economy is expected to reach approximately 140 trillion yuan by 2025, with an economic increment exceeding 35 trillion yuan, surpassing the annual economic output of the entire Yangtze River Delta region and exceeding the GDP of the world's third-largest economy [1] - The manufacturing industry's added value has consistently remained above 30 trillion yuan annually, maintaining China's position as the world's leading manufacturing power for 15 consecutive years [2] New Industries and Market Reforms - The "new economy" added value has surpassed 24 trillion yuan in 2024, equivalent to the combined GDP of Beijing, Shanghai, and Guangdong [4] - The government has cleared 4,218 regulations that hinder the establishment of a unified national market, reducing the market access negative list from 151 to 106 items [4] Investment and Infrastructure - By 2024, the proportion of market-oriented electricity transactions in total electricity consumption reached 63%, indicating a robust investment climate for private capital in nuclear power and industrial equipment [6] - A total of 102 major projects are expected to meet their planning goals by the end of 2025, with significant progress made on key infrastructure projects [6] Technological Advancements - In 2024, total R&D expenditure is projected to reach 3.6 trillion yuan, accounting for 2.68% of GDP, positioning China as the second-largest in the world for R&D investment [11] - The added value of high-tech manufacturing increased by 42% compared to the end of the "13th Five-Year Plan," while the core industries of the digital economy grew by 73.8%, contributing 10.4% to GDP [13] Innovation Ecosystem - China is forming a unique innovation ecosystem, with a focus on integrating technological and industrial innovation, and promoting a supportive environment for comprehensive innovation [14]

Economic Growth - The economic growth during the "14th Five-Year Plan" period is expected to exceed 35 trillion yuan, equivalent to the economic output of major provinces like Guangdong, Jiangsu, and Shandong, and surpassing the GDP of the world's third-largest economy [2][3] - China's GDP is projected to reach around 140 trillion yuan this year, marking a significant increase from previous years [2] Domestic Demand - Domestic demand contributed an average of 86.4% to economic growth over the past four years, with final consumption accounting for 56.2%, an increase of 8.6 percentage points compared to the "13th Five-Year Plan" period [3] - Investment in internet and related services grew at an annual rate of 21.9%, driven by strong consumer demand for products like 5G and smartphones [3] Employment and Social Welfare - The annual urban employment increase has remained stable at over 12 million since the beginning of the "14th Five-Year Plan" [4] - The income growth of residents has kept pace with economic growth, and the income gap between urban and rural areas has further narrowed [4] Environmental Achievements - China has made significant strides in environmental protection, with new forest areas equivalent to the size of Shaanxi province and a reduction in carbon emissions by 1.1 billion tons due to a decrease in energy consumption per unit of GDP by 11.6% [5] - The quality of air has remained stable, with 87% of days classified as having good air quality [5] Business Environment - The number of private enterprises has increased by over 40% since the end of the "13th Five-Year Plan," with more than 58 million private companies now operating [6] - Foreign direct investment in China from 2021 to May this year reached 4.7 trillion yuan, exceeding the total for the "13th Five-Year Plan" period [6] Innovation and Technology - China has achieved significant milestones in innovation, including the launch of the first domestically produced aircraft carrier and the completion of the first Chinese space station [7] - The country is transitioning from being a follower to a leader in various fields, with a focus on high-end technology and self-reliance in innovation [7]

Economic Growth and Development - The "14th Five-Year Plan" aims for significant economic growth, with an expected economic increment of over 35 trillion yuan during the five years, equivalent to recreating the Yangtze River Delta [8][10] - By 2025, the total economic output is projected to reach approximately 140 trillion yuan, contributing around 30% to global economic growth annually, with an average growth rate of 5.5% over the first four years [10] Innovation and R&D - During the "14th Five-Year Plan," R&D investment is expected to increase by nearly 50% compared to the end of the "13th Five-Year Plan," reaching an increment of 1.2 trillion yuan [15] - China has established 26 of the world's top 100 technology innovation clusters, leading globally, with over 460,000 high-tech enterprises [15] Green Development - China has achieved the highest global increase in forest coverage, with the forest coverage rate exceeding 25%, and the newly added forest area equivalent to the size of Shaanxi Province [24] - The air quality has improved, with the proportion of days with good air quality stabilizing at around 87%, a 3% increase from the "13th Five-Year Plan" period [24] Agricultural Development - Over 1 billion mu of high-standard farmland has been established, equivalent to the total land area of the top two grain-producing provinces, Heilongjiang and Henan [29] Infrastructure and Logistics - The construction of the national comprehensive transportation network has exceeded 90% completion, covering over 80% of counties and serving approximately 90% of the economy and population [34] - Logistics costs are projected to save over 4 billion yuan in 2024 and an additional 3 billion yuan in 2025 [34]

Group 1 - The core achievement of the "14th Five-Year Plan" is the significant improvement in social welfare and people's sense of happiness and security through effective policies [1] - The annual urban employment increase has stabilized at over 12 million, providing a solid foundation for improving people's livelihoods [1][3] - The proportion of employment in the three industries for 2024 is projected to be 22.2%, 29%, and 48.8%, indicating a notable enhancement in the service sector's role in employment [3] Group 2 - The retention rate of nine-year compulsory education remains above 95%, with the average years of education for new labor force exceeding 14 years [4][7] - The proportion of migrant workers' children enrolled in public schools or benefiting from government-purchased placements has reached 97%, an increase of 1.2 percentage points from the end of the "13th Five-Year Plan" [7] Group 3 - The national medical insurance coverage rate is stable at over 95%, with the average life expectancy reaching 79 years [9] - The number of practicing physicians per thousand people has increased from 2.9 to 3.6, and the convenience of cross-provincial medical insurance settlement has improved, benefiting over 400 million people [9][10] Group 4 - A high-quality service system for the elderly and children is being rapidly established, with the proportion of nursing care beds increasing to 64.6% and over 180 million people covered by long-term care insurance [11][14] - Comprehensive childcare service centers have been established in over 300 cities and large counties, aiming to provide reliable care for families [14]

Core Insights - The "14th Five-Year Plan" has achieved remarkable progress in energy development, with eight key indicators exceeding expectations [1] - The establishment of a national unified electricity market system marks a significant milestone in China's economic reform [3] - The comprehensive energy production capacity and efficiency have been optimized, contributing to the overall economic stability and growth [4] Energy Development Achievements - The national market-oriented electricity trading volume is projected to account for 63% of total electricity consumption by 2024 [2][4] - China's power generation capacity accounts for one-third of the global total, with energy self-sufficiency maintained above 80% [5][6] - Renewable energy generation capacity has more than doubled since the end of the "13th Five-Year Plan," reaching 2.09 billion kilowatts [10][11] Green Energy Transition - Each unit of electricity consumed now includes one-third from renewable sources, reflecting a significant shift towards cleaner energy [8][9] - The total number of electric vehicles in China is expected to reach 31.4 million by 2024, a fivefold increase from the end of the "13th Five-Year Plan" [21][22] - The energy consumption per unit of GDP has decreased by 11.6% over the past four years, equivalent to a reduction of 1.1 billion tons of carbon dioxide emissions [23][24] Infrastructure and Regional Development - China has built 44 ultra-high voltage transmission channels, enhancing energy distribution capabilities [16] - The northeastern region's crude oil production is projected to account for 21% of the national total by 2024, supporting energy security [14][15] - The economic output of the three major regions (Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macau Greater Bay Area) is expected to exceed 40% of the national total by 2024 [15]

"十四五"规划确定的战略任务全面落地 中央纪委国家监委网站 陈昊 5年经济增量预计超35万亿元 多项指标进展超预期 "总的来看，这5年取得了新的开创性的进展、突破性的变革、历史性的成就，中国已成为世界发展最稳定、 最可靠、最积极的力量。"郑栅洁表示，在这5年历程中，百年变局加速演进，改革发展稳定任务之艰巨也是 前所未有的，以习近平同志为核心的党中央统揽全局、领航掌舵，全国上下勠力同心、众志成城，集中力量 办好自己的事，不仅顶住了压力、经受住了考验，经济社会发展还实现了大幅跃升，可谓是"风雨兼程见彩 虹"。 7月9日，国务院新闻办举行发布会，介绍"十四五"时期经济社会发展成就。国家发展改革委主任郑栅洁介 绍，"十四五"规划纲要设定的主要指标中，经济增长、全员劳动生产率、全社会研发经费投入等指标进展符 合预期；常住人口城镇化率、人均预期寿命、粮食和能源综合生产能力等8项指标进展超预期；规划确定的战 略任务全面落地。 郑栅洁介绍，5年来，我国经济总量连续跨越110万亿、120万亿、130万亿，今年预计可以达到140万亿左右； 5年经济增量预计将超过35万亿元。前4年我国经济增速平均在5.5%，对世界经济增长的贡献率 ...

Group 1 - The average economic growth rate in China during the first four years of the 14th Five-Year Plan reached 5.5% [1] - China's R&D investment intensity has surpassed the EU average, currently at 2.68% of GDP, indicating a significant advancement in the innovation system [2][4] - A new innovation-driven development model has emerged in China, characterized by a large-scale market system fostering substantial innovation [5] Group 2 - To achieve new consumption growth, it is essential to stabilize income growth, which includes wages, property income, transfer income, and business income [8] - There is a need for a comprehensive plan to stabilize public expectations regarding current and future income [8] - Significant breakthroughs in demand structure, particularly in service consumption, are necessary for new growth points [8] Group 3 - There is a discrepancy between macroeconomic data and micro-level perceptions of growth, with different demographics experiencing varying levels of economic benefit [9] - To enhance the sense of gain among marginal groups, overall reform plans should be implemented to increase the proportion of the middle class and significantly boost social security spending [11]

Core Insights - The Chinese economy is projected to reach approximately 140 trillion yuan this year, with an incremental growth exceeding 35 trillion yuan, which is comparable to the combined economic output of Guangdong, Jiangsu, and Shandong provinces, and surpasses the economic total of the world's third-largest economy [1] - Major indicators from the "14th Five-Year Plan" have shown progress in economic growth, labor productivity, and R&D investment, with several social indicators exceeding expectations [1][2] - China has become a significant contributor to global economic growth, maintaining a contribution rate of around 30% [1] Economic Growth and R&D - R&D investment in China reached a record high, with a nearly 50% increase compared to the end of the "13th Five-Year Plan," amounting to 1.2 trillion yuan, and R&D intensity rising to 2.68% [2] - The establishment of the largest education, social security, and healthcare systems globally, with participation rates in compulsory education and basic insurance exceeding 95% [2] Environmental and Governance Achievements - Significant improvements in environmental metrics, including a forest coverage rate exceeding 25% and a stable air quality good days ratio of around 87%, which is a 3% increase from the "13th Five-Year Plan" [3] - The establishment of a unified national market and the reduction of restrictions on foreign investment, with the number of private enterprises increasing by over 40% since the end of the "13th Five-Year Plan" [2] Infrastructure and Security - The construction of over 1 billion acres of high-standard farmland, enhancing food security, and the establishment of the world's largest power infrastructure system, accounting for one-third of global installed capacity [3] - The development of a comprehensive manufacturing system, improving the resilience and security of industrial and supply chains [3]

Economic Growth - The "14th Five-Year Plan" period is expected to see an economic increment exceeding 35 trillion yuan, equivalent to recreating the Yangtze River Delta region [3] - The average economic growth rate over the first four years of this period is 5.5%, contributing approximately 30% to global economic growth [3][4] - China's GDP is projected to reach around 140 trillion yuan this year, marking significant economic strength [3] Manufacturing and Infrastructure - China's manufacturing value added has consistently exceeded 30 trillion yuan annually, maintaining its position as the world's largest manufacturing country for 15 consecutive years [4] - The country boasts the largest modern infrastructure network globally, including highways, high-speed rail, and urban transit systems, with over 90% completion of the national comprehensive transportation network [5] - The energy infrastructure is also the largest globally, with a power generation capacity accounting for one-third of the world's total [6] Agricultural and Energy Security - The construction and enhancement of high-standard farmland have reached over 100 million acres, with grain production achieving a new milestone of 1.4 trillion jin [6] - China's energy self-sufficiency rate remains above 80%, with a projected total oil and gas production exceeding 400 million tons of oil equivalent in 2024 [6] Research and Innovation - R&D expenditure has increased by nearly 50% compared to the end of the "13th Five-Year Plan," reaching a total of 1.2 trillion yuan, with R&D intensity rising to 2.68% [9] - China has the largest R&D workforce globally and ranks first in the number of high-tech enterprises, with over 460,000 [9] Regional Development - The economic output of the Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macau Greater Bay Area is expected to account for over 40% of the national total by 2024 [10] - The Northeast region contributes 25.3% of the national grain output and 21% of crude oil production [10] Environmental Sustainability - By 2024, China's energy consumption per unit of GDP is expected to decrease by 11.6%, making it one of the fastest countries in reducing energy intensity [11] - The forest coverage rate has increased to over 25%, contributing significantly to global greening efforts [11] Social Welfare - The "14th Five-Year Plan" emphasizes social welfare, with over 95% coverage in basic education, pension, and medical insurance [13] - Approximately 7.8 million units of affordable housing have been constructed, addressing housing issues for over 20 million people [13] Market and Business Environment - The number of private enterprises has increased by over 40% since the end of the "13th Five-Year Plan," reaching more than 58 million [15] - Foreign direct investment in China has totaled 4.7 trillion yuan from 2021 to May this year, surpassing the total for the "13th Five-Year Plan" period [16]

Group 1 - China's innovation breakthroughs are driving industries towards mid-to-high-end transformation, with a shift from quantity to quality and from follower to leader in many fields [1] - The "decoupling and chain-breaking" efforts by external forces are reinforcing China's determination for self-reliance and accelerating the pace of independent innovation [1] Group 2 - The average life expectancy in China has reached 79 years, reflecting the tangible benefits of economic development and technological progress [2] - The "14th Five-Year Plan" includes seven livelihood indicators, the highest proportion in any five-year plan, aimed at enhancing people's sense of gain, happiness, and security [2] - China has established the world's largest education, social security, and healthcare systems, with over 95% coverage in compulsory education and basic insurance [2] - The national comprehensive transportation network is being rapidly improved, with over 10,000 kilometers of new high-speed rail lines added during the "14th Five-Year Plan," making China's high-speed rail mileage double that of other countries combined [2] Group 3 - The number of private enterprises in China has increased to over 58 million, reflecting a growth of more than 40% since the end of the "13th Five-Year Plan" [3] - The "14th Five-Year Plan" focuses on reform as a central task, emphasizing the need to streamline economic circulation and enhance market efficiency [3] - The establishment of a unified national market is progressing, with significant reductions in market access restrictions and the introduction of the Private Economy Promotion Law [3] - Comprehensive reforms are ongoing, with a commitment to address deep-seated issues and ensure the implementation of reform measures outlined in the 20th National Congress [3]