Core Insights - The "14th Five-Year Plan" is nearing completion, with significant achievements in economic growth, productivity, and R&D investment, indicating a strong performance against set targets [1][2] - The domestic market remains a crucial driver of economic stability and growth, contributing 86.4% to the average economic growth rate of 5.5% over the past four years [2] - Major innovations and infrastructure developments have been highlighted, showcasing China's advancements in technology and manufacturing capabilities [2][4] Economic Performance - China's economy is projected to reach approximately 140 trillion yuan this year, with an increase of over 35 trillion yuan, equivalent to the combined economic output of Guangdong, Jiangsu, and Shandong provinces [1] - The average economic growth rate from 2021 to 2024 is expected to be 5.5%, maintaining a significant contribution to global economic growth at around 30% [1] Innovation and R&D - The "14th Five-Year Plan" emphasizes innovation, with R&D expenditure expected to grow by nearly 50% compared to the end of the "13th Five-Year Plan," reaching 1.2 trillion yuan [2] - R&D intensity is projected to increase to 2.68%, approaching the OECD average, reflecting a strong commitment to technological advancement [2] Social Welfare and Infrastructure - The long-term care insurance program has seen over 180 million participants, with 5.74 million care positions established, addressing the needs of the aging population [3] - China's average life expectancy has reached 79 years, with significant improvements in infrastructure, including a comprehensive transportation network and enhanced logistics systems [4] Global Standing - China has established itself as the world's largest manufacturing, goods trading, foreign exchange reserve, and energy production country, solidifying its position in the global economy [4] - The rapid industrialization and economic development in China are viewed as a new model for modernization, attracting global attention [4]

国务院新闻办公室9日举行"高质量完成'十四五'规划"首场新闻发布会。国家发展改革委有关负责人介 绍"十四五"时期经济社会发展成就，并回答记者提问。 据介绍，"十四五"时期，我国经济总量连续跨越110万亿元、120万亿元、130万亿元，今年预计可以达 到140万亿元；增量预计超过35万亿元，相当于广东、江苏、山东经济总量的总和，也超过了世界排名 第三国家的经济总量，对世界经济增长的贡献率保持在30%左右。前4年，我国经济增速平均在5.5%。 "十四五"以来，我国的粮食、能源、产业、国防等安全基础也进一步夯实。粮食方面，"十四五"支持新 建和改造提升高标准农田4.6亿亩，目前累计已建成超过10亿亩高标准农田，相当于粮食产量排名前两 位的黑龙江、河南两省面积的总和，中国人的饭碗牢牢端在自己手中。能源方面，建成了全球规模最大 的电力基础设施体系，发电装机容量占全球三分之一。产业基础方面，我国拥有全球规模最大、门类最 齐全、体系最完整的制造体系，产业链供应链韧性和安全水平不断提升，应对各类风险挑战的底气更 足。 此外，中国以实际行动引领全球绿色发展，坚定履行"双碳"承诺，单位GDP能耗4年累计降低11.6%，相 当于减 ...

Economic Growth and Strength - The economic output is expected to reach approximately 140 trillion yuan in 2024, with a projected increase of over 35 trillion yuan during the "14th Five-Year Plan" period, equivalent to recreating the Yangtze River Delta region [1] - The average economic growth rate over the first four years of the plan is 5.5%, contributing around 30% to global economic growth annually [1] Manufacturing and Innovation - China remains the world's largest manufacturing power, with annual manufacturing value added exceeding 30 trillion yuan for 15 consecutive years [2] - Research and development (R&D) investment is set to reach a new high, with a nearly 50% increase compared to the end of the "13th Five-Year Plan," amounting to 1.2 trillion yuan [2] - The number of high-tech enterprises has surpassed 460,000, and China leads globally in several advanced technology fields [2] Regional Economic Development - The economic output of the Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macau Greater Bay Area is projected to account for over 40% of the national economy by 2024 [4] - The Northeast region's grain production is expected to represent 25.3% of the national total, and crude oil production will account for 21% [4] Green Development - China has achieved the highest increase in forest coverage globally, with the forest coverage rate exceeding 25% [6] - The proportion of days with good air quality has stabilized at around 87%, an improvement of 3 percentage points compared to the "13th Five-Year Plan" period [6] - The installed capacity for renewable energy generation has historically surpassed that of coal power, establishing the largest clean power system globally [6] Agricultural Development - Over 100 million acres of high-standard farmland have been established, ensuring food security for the population [8] Infrastructure Development - The completion rate of the national comprehensive transportation network has exceeded 90%, covering over 80% of counties and serving approximately 90% of the economy and population [10] - Logistics costs are expected to save over 400 billion yuan in 2024, with an additional estimated saving of around 300 billion yuan this year [10] Social Welfare and Employment - The "14th Five-Year Plan" includes seven social welfare indicators, the highest proportion in any five-year plan to date, with urban employment additions stabilizing at over 12 million annually [12] - The income growth of residents is closely aligned with economic growth, and the income gap between urban and rural areas has further narrowed [14] Education and Healthcare - By 2024, the education level of the labor force is expected to reach or exceed the average level of middle-income countries, with a retention rate of 95% for nine-year compulsory education [16] - The number of practicing physicians per thousand people has increased from 2.9 to 3.6, and the basic medical insurance coverage rate remains stable at over 95% [18] Elderly and Childcare Services - The proportion of nursing beds in elderly care has increased to 64.6%, and over 1.8 million people are covered by long-term care insurance [20] - Comprehensive childcare service centers have been established in over 300 cities and large counties to enhance public trust in childcare services [20]

Core Viewpoint - The article discusses the achievements and progress of China's economy during the "14th Five-Year Plan" period, highlighting significant economic growth and the successful implementation of various strategic initiatives [1][5]. Economic Growth and Achievements - China's GDP has consistently crossed significant milestones, reaching approximately 140 trillion yuan in 2023, with an increase of over 35 trillion yuan, equivalent to recreating the Yangtze River Delta region [1]. - The average economic growth rate over the past four years was 5.5%, which is notable for such a large economy [1][5]. - Key indicators such as urbanization rate and life expectancy have exceeded expectations, with life expectancy rising from 77.3 years in 2020 to 79 years in 2023 [5]. Major Indicators and Goals - The "14th Five-Year Plan" outlines 20 key economic and social development indicators, including GDP growth, labor productivity, urbanization rate, and R&D expenditure growth [3][4]. - Some indicators are expected to be achieved, while others are binding, such as increasing the average education years of the labor force from 10.8 years in 2020 to 11.3 years by 2025 [4]. Infrastructure and Major Projects - A total of 102 major projects have been initiated, focusing on transportation, technology, and public welfare, with significant progress reported in areas like high-speed rail and healthcare [5][7]. - Notable projects include the Guizhou-Nanning high-speed railway and the Chengdu Tianfu Airport, which are expected to enhance connectivity and economic development [5]. Domestic Demand and Consumption - Domestic demand has been a major driver of economic growth, contributing 86.4% to the overall growth, with consumption accounting for 56.2% [8]. - The article emphasizes the importance of a robust domestic market, with increasing consumer interest in technology and services [8]. Innovation and R&D - The "14th Five-Year Plan" has seen a significant increase in R&D investment, with the proportion of R&D expenditure to GDP expected to reach 2.68% by 2024 [9]. - The number of innovative drugs in development has reached over 4,000, representing about 30% of the global total [10]. Reforms and Market Dynamics - The article highlights ongoing reforms, including the reduction of market access restrictions and the establishment of a unified electricity market, which has seen market transactions account for 63% of total electricity consumption by 2024 [11]. - The focus on market-oriented reforms aims to enhance competitiveness and streamline regulations [12].

Core Insights - The "14th Five-Year Plan" (2021-2025) is nearing completion, with significant achievements in China's economic and social development over the past five years [1][2] - China's GDP is projected to reach approximately 140 trillion yuan this year, with an increase of over 35 trillion yuan, equivalent to recreating the Yangtze River Delta region [1][3] - The average economic growth rate over the past four years has been 5.5%, which is unprecedented for an economy of China's size [1][3] Economic Indicators - The "14th Five-Year Plan" outlines 20 key economic and social development indicators, including GDP growth, labor productivity, urbanization rate, and R&D expenditure growth [2][3] - Specific targets include increasing the average education years of the labor force from 10.8 years in 2020 to 11.3 years by 2025 [3] - The digital economy's core industry value added is expected to reach 10.4% of GDP by 2024, surpassing the 10% target set for 2025 [3] Major Projects and Achievements - A total of 102 major projects have been initiated under the "14th Five-Year Plan," covering areas such as technology, transportation, and energy [4][5] - Significant infrastructure projects include high-speed railways and major airports, with notable achievements in scientific research and technology [5] - The plan has also led to the construction of approximately 780,000 affordable housing units, addressing housing issues for over 20 million people [6] Domestic Demand and Consumption - Domestic demand has been a major driver of economic growth, contributing 86.4% to the average growth rate, with consumption accounting for 56.2% [6] - The past four years have seen a continuous expansion in market consumption, particularly in technology-driven products and services [6] Innovation and R&D - The "14th Five-Year Plan" has emphasized technological innovation, with R&D expenditure expected to reach 2.68% of GDP by 2024, nearing OECD levels [7][8] - The number of innovative drugs in development has reached over 4,000, representing about 30% of the global total [8] Market Reforms - The government has reduced the market access negative list from 151 to 106 items, promoting fair competition and optimizing industrial layout [9] - Significant reforms in the energy sector have led to a market-oriented electricity trading system, with market transactions accounting for 63% of total electricity consumption by 2024 [9][10]

Economic Strength - China's economic strength has significantly increased, with the total economic output expected to reach around 140 trillion yuan this year, marking a growth of over 35 trillion yuan compared to previous years [2][4] - The average contribution rate of domestic demand to economic growth over the past four years was 86.4%, with final consumption contributing 56.2%, an increase of 8.6 percentage points compared to the previous five-year plan [2] Manufacturing and Innovation - China remains the world's largest manufacturing power, with annual manufacturing value added exceeding 30 trillion yuan, maintaining its position for 15 consecutive years [3] - Significant breakthroughs in innovation include the launch of the first domestically produced aircraft carrier and the operation of the first fourth-generation nuclear power plant [5] - R&D investment is projected to grow nearly 50% by 2024, reaching 1.2 trillion yuan, with R&D intensity increasing to 2.68%, approaching the OECD average [5] Green Development - China has made notable progress in green development, with forest coverage exceeding 25% and contributing to a quarter of the world's new greening area [7] - The proportion of days with good air quality has stabilized at around 87%, and the energy generation capacity from renewable sources has surpassed that of coal [7] Social Welfare - The achievements in economic development and technological progress have translated into improved public welfare, with over 95% coverage in basic social insurance and education systems [8] - The average years of education for new labor force entrants have exceeded 14 years, and the number of practicing physicians per thousand people has increased from 2.9 to 3.6 [8] Reform and Opening Up - The reform goals set during the 13th Five-Year Plan have been largely achieved, with significant improvements in market access and the business environment [9][10] - Foreign direct investment in China reached 4.7 trillion yuan from 2021 to May this year, surpassing the total during the previous five-year period [10]

Economic Development - The "14th Five-Year Plan" is nearing completion, with significant achievements in economic growth, labor productivity, and R&D investment, among others [2] - China's economy is projected to reach approximately 140 trillion yuan this year, with a contribution rate to global economic growth maintained at around 30% [2][6] - The average economic growth rate over the past four years has been 5.5%, showcasing resilience against various risks and challenges [2] Innovation and Technological Advancement - China has made significant strides in innovation, achieving several "firsts" in various sectors, including the launch of the first domestically produced aircraft carrier and the completion of the first Chinese space station [3][4] - The country has also seen advancements in nuclear power with the operation of the world's first fourth-generation nuclear power plant [4] Green Development - Achievements in green development include a forest coverage rate exceeding 25%, contributing to a quarter of the world's new greening area [4] - Air quality has improved, with 87% of days classified as good, and major rivers meeting Class II water quality standards [4] - Renewable energy generation capacity has surpassed coal power, with one-third of electricity now coming from green sources [4][10] Safety and Security - The "14th Five-Year Plan" has strengthened food, energy, and industrial security, with the largest power infrastructure system globally ensuring energy supply during peak demand [5][7] - The Northeast region is projected to contribute 25.3% of the national grain output and 21% of crude oil production by 2024, enhancing national security [5] Infrastructure and Connectivity - China has built the world's largest networks for highways, high-speed rail, and urban transit, significantly improving logistics and connectivity [6][7] - The renewable energy generation is expected to reach 3.46 trillion kilowatt-hours by 2024, marking a 1.6-fold increase from the end of the previous five-year plan [7][8] Environmental Quality and Resource Efficiency - Resource utilization efficiency has improved, with a projected 11.6% reduction in energy consumption per unit of GDP by 2024 [8][9] - The quality of the ecological environment has seen continuous improvement, with major rivers achieving Class II water quality standards [9][10] - The renewable energy system has become the largest and fastest-growing globally, with installed capacity reaching 2.09 billion kilowatts, more than doubling since the end of the previous five-year plan [10]

Core Viewpoint - The article discusses the achievements of the "14th Five-Year Plan" and anticipates the strategic opportunities and challenges of the "15th Five-Year Plan," emphasizing the importance of high-quality development and the need for coordinated policies to achieve economic and social progress [3][5][23]. Economic Growth - During the "14th Five-Year Plan," China's GDP consistently surpassed 110 trillion, 120 trillion, and 130 trillion yuan, with an expected reach of approximately 140 trillion yuan by 2025. The average economic growth rate over the first four years was 5.5%, contributing about 30% to global economic growth [3][4][16][12]. Domestic Demand - Domestic demand has become the main driver of economic growth, with an average contribution rate of 86.4% from 2021 to 2024. Final consumption's contribution to economic growth averaged 56.2%, an increase of 8.6 percentage points compared to the "13th Five-Year Plan" [3][4][16]. Innovation and Technology - The "14th Five-Year Plan" prioritized innovation, with R&D investment reaching a new high, increasing nearly 50% compared to the end of the "13th Five-Year Plan." The R&D intensity rose to 2.68%, approaching the OECD average [17]. Social Welfare - The economic and technological advancements have translated into improved public welfare, with significant enhancements in education, healthcare, and social security systems. The coverage rates for basic pension and medical insurance exceeded 95% [18]. Governance and Reform - The article highlights improvements in governance efficiency, with a better business environment and increased organizational capacity. The number of private enterprises grew by over 40% compared to the end of the "13th Five-Year Plan" [19]. Green Development - The concept of green development has gained traction, with significant achievements in afforestation, pollution control, and clean energy utilization. The forest coverage rate increased to over 25%, and the proportion of clean energy in electricity generation is expected to rise [20]. Safety and Security - The article emphasizes the strengthening of food, energy, and national security during the "14th Five-Year Plan," with the establishment of over 10 billion mu of high-standard farmland and the largest power infrastructure system globally [21]. Global Responsibility - China has taken active steps in global green development and international cooperation, contributing to the "Belt and Road" initiative and reducing carbon emissions significantly [22].

Group 1 - The core viewpoint of the news is that China's economic and social development during the "14th Five-Year Plan" period has achieved significant progress and historical accomplishments, positioning China as a stable and reliable force in global development [1][3] - The total economic output of China is expected to reach approximately 140 trillion yuan this year, with an incremental growth exceeding 35 trillion yuan, contributing around 30% to global economic growth [1] - The average economic growth rate over the past four years has been around 5.5%, indicating a steady economic performance [1] Group 2 - China has made major breakthroughs in innovation, with over 46,000 high-tech enterprises and a projected 50% increase in R&D expenditure by 2024, reaching an increment of 1.2 trillion yuan [2] - The R&D intensity is expected to rise to 2.68%, nearing the average level of OECD countries, reflecting a strong commitment to self-reliance and innovation [2] - The forest coverage rate in China has increased to over 25%, contributing to a significant reduction in carbon emissions, with a cumulative decrease of 11.6% in energy consumption per unit of GDP over four years [2] Group 3 - The foundation for improving people's livelihoods has been strengthened, with stable urban employment growth of over 12 million jobs annually during the "14th Five-Year Plan" [2] - The number of practicing physicians per thousand people has increased from 2.9 to 3.6, indicating improvements in healthcare accessibility [2] - The achievements of the "14th Five-Year Plan" are expected to leave a significant mark in China's development history, with confidence in the prospects for the "15th Five-Year Plan" [3]

Core Insights - The "14th Five-Year Plan" has seen significant achievements in China's economic and social development, with a focus on high-quality growth and innovation [1][2] - China maintains its position as the world's largest manufacturing power, contributing significantly to global economic growth [1][2] - The transition from a manufacturing hub to an innovation center is underway, with substantial increases in R&D investment and high-tech manufacturing [2][3] Manufacturing Sector - China has held the title of the world's largest manufacturing country for 15 consecutive years, with over 30 trillion yuan in annual manufacturing value added [1] - The manufacturing sector is characterized by a comprehensive and robust system, producing over 200 major industrial products with the highest output globally [1] - The shift from resource-driven to innovation-driven manufacturing is evident, with a focus on technology accumulation, system capabilities, and brand development [3] Innovation and R&D - R&D expenditure is projected to reach 3.6 trillion yuan by 2024, accounting for 2.68% of GDP, with enterprises contributing over 77% of this investment [2] - Shenzhen is highlighted as a benchmark city for innovation, with R&D investment constituting 6.46% of its GDP [2] - The emphasis on innovation is transforming market logic, enhancing the technological value and global resource allocation capabilities of the manufacturing sector [3] Structural Changes - Traditional industries are undergoing digital and intelligent transformations, while emerging industries are rapidly expanding, driving new growth in manufacturing [3] - The ongoing transition from old to new energy sources is crucial for maintaining long-term competitiveness in the manufacturing sector [3] - Future advancements in manufacturing will require strengthening connections between technology and industry, as well as enhancing soft power in standards, branding, and talent [3]