Group 1 - The World Bank has adjusted the definition of high-income economies, lowering the minimum threshold for Gross National Income (GNI) per capita from $14,005 to $13,935, allowing more countries to qualify as high-income economies [1] - China's nominal GDP for 2025 is projected to reach 31,875.8 billion RMB, approximately $4,442.05 billion, with a per capita GDP of $13,445, which is about $500 short of the new high-income threshold [1] - The small gap of approximately $500 translates to about 9.5 RMB per person per day for China's 1.4 billion population, indicating a minimal effort required to reach the high-income status [1] Group 2 - If China successfully enters the high-income economy category, it will become the largest high-income economy globally, significantly increasing the proportion of high-income individuals worldwide [2] - China's achievement will allow it to become a rule-maker in the industrial revolution, as seen with German car manufacturers adapting to Chinese standards in vehicle networking [4] - China's development model offers new insights for many developing countries, exemplified by Zambian farmers benefiting from smart agriculture initiatives in Chongqing, showcasing China's advancements in agricultural modernization [6] Group 3 - China's rise to high-income status will create new opportunities and challenges, necessitating continued reforms and openness to achieve a more prosperous and democratic developed economy [8]

Core Viewpoint - China's nominal GDP for 2025 is projected to be approximately 31.88 trillion RMB, equivalent to about 4.44 trillion USD, with a per capita GDP of 13,445 USD, placing it just 500 USD away from the World Bank's high-income threshold of 13,935 USD [3][6]. Group 1: Economic Indicators - The World Bank has lowered the minimum GNI standard for high-income economies from 14,005 USD to 13,935 USD, making China's transition to high-income status more attainable [3][6]. - The current gap of 500 USD translates to a daily value creation of approximately 9.5 RMB per person across China's 1.4 billion population [4][6]. - A 3.7% appreciation of the RMB against the USD would allow China to naturally surpass the 13,935 USD threshold without any economic growth [6][9]. Group 2: Global Economic Impact - If China crosses the high-income threshold, it will become the largest high-income economy by population, significantly increasing the global high-income population from about 1.32 billion to over 2.7 billion, raising the percentage of high-income individuals globally from approximately 16% to 35% [6][9]. - This transition will reshape the global economic and industrial landscape, positioning China as a rule-maker in the industrial revolution rather than a follower [7][9]. - China's development model will provide a new path for many developing countries, demonstrating that high income does not equate to Westernization, and showcasing diverse modernization pathways [9][10]. Group 3: Future Aspirations - The next goal for China, after achieving high-income status, will be to become a prosperous, strong, and democratic developed economy, marking a significant milestone in its economic journey [10].