TextbyXinhua
Threeyearsago,XiJinping,GeneralSecretaryoftheCentralCommitteeoftheCommunistPartyofChina(CPC),metthepressfromhomeandabroadjustaftertheformationofChina’snew-generationcentralleadership,wherehepledgedthattheresponsibilityoftheleadingbodywastouniteandleadthewholePartyandpeopleofallethnicgroups,taketherelaybatonofhistory,andcarryonexhaustiveendeavorstocompletethegreatrenewaloftheChinesenationandseeitrankamongthemostadvancedcountriesintheworldbyproducingnew,greatcontributionstomankind.
InJuly2014,aforumwasheldfeaturingspecialistsontheeconomicsituationinChina.AttendingChinesestateleadersreachedaconsensusthattopprioritywouldbeplacedondevelopmentandthatthecountrymustmakeunremittingeffortstopromotehealthyandsustainableeconomicgrowth.
Bythattime,theworldwasstillslowlyrecoveringsevenyearsafterthefinancialcrisis.Advancedeconomiesbecamemoredivided,andemergingeconomiesenduredsetbacksoverandoveramidsteconomicprogress.Chinawasnodifferent:Itstruggledwiththestructuralcontradictionbetweenthenewengineforitseconomicgrowthandthetraditional.
Aftercomprehensiveanalysisofthecharacteristicsoftheworld’seconomicdroughtandChina’sdevelopmentstage,decisionmakersintheChinesegovernmentrealizedthattheyshouldlearnaboutthe“newnormal,”adapttothe“newnormal,”andguidethe“newnormal,”whichhasbecomethe“drivinglogic”toguidethecountry’seconomicdevelopmenttodaywithaneyeontomorrow.
Forthreeyears,Chinesetopdecisionmakershaveboostedthecountry’seconomybyinnovatingmacrocontrolmethodstocopewiththe“newnormal”ofeconomicdevelopmentsuchasshiftingfocusfromdemand-sidetosupply-sideeconomics.Theyhaveenhancedtheadaptationabilityandflexibilityofsupplysystemstoupgradetotalfactorproductivitythroughthemeasuresofdroppingcapacity,reducingvolumes,relievingpressure,andcuttingcosts.
DrivingeconomicdevelopmentwithinnovationhasbecomeconsensusinChina.
Inhis2015governmentreport,PremierLiKeqiangcalledforamobilizationofthewisdomandtalentofhundredsofmillionsofpeopletoheraldanewtideofinnovation.Attheendof2015,intheproposalforthe13thFive-YearPlan,theideaof“innovationservesasthefirstmotiveforcefordevelopment”wasputforward.Today,thetidesofentrepreneurshipandinnovationaresweepingacrossthecountry,becomingoneofthe“twinengines”fortheeconomicdevelopmentinaneraofthe“newnormal.”
Statisticsrevealthatin2015,morethan11,000enterpriseswereformeddailyinChina,onaverage.Consumptionhascontributed60percentofnationaleconomicgrowth,over50percentofwhichcamefromtheserviceindustry.Hi-techisgrowingfasterthananythingelseindustrially.Neweconomicgrowthpointsemergeoneafteranother.Entrepreneurshipandinnovationserveasthenewenginesforthecountry'seconomicgrowth.Chinahasledtheworldwithits30-percentcontributiontoglobaleconomicgrowth.
ChinesePresidentXiJinpingadvo-catedbuildingtheSilkRoadEconomicBeltandthe21st-CenturyMaritimeSilkRoad,whichbroughtawealthofpositivefeedbackandparticipationfromover60countriesandinternationalorganizations.
Inaddition,ChinahasarrangedjointeffortswithitsneighboringcountriestopromotetheconstructionofeconomiccorridorslinkingChinawithcountriessuchasPakistan,Mongolia,Russia,Bangladesh,India,andMyanmar.TheBeltandtheRoadareliketheribbonsofarainbow,tighteningthedestinyof4.4billionpeoplesotheycanshareopportunitiesfordevelopmentaswellasachievementsindevelopment.
ChinaisalsoactivelypreparingfortheestablishmentoftheAsianInfrastructureInvestmentBank,andsignedfreetradezoneagreementswithcountriesincludingSouthKoreaandAustraliain2015.
Chinamaintainsmyriadfriendlyrelationshipsaroundtheworld.Today,ithasestablishedpartnershipsinvariousdegreeswith67countriesandregionalorganizations,weavinganetworkofglobalpartnership.
InlateNovember2015,theInternationalMonetaryFund(IMF)announcedtheinclusionoftheRMB(CNY)intheSpecialDrawingRights(SDR)basket.AsBritishPrimeMinisterDavidCameronadmitted,ChinaisplayingamoreimportantroleintheUnitedNations,theG20,andtheIMF,anditsviewsontheinternationalsystemhavebecomemoredecisive.
Threeyearshavepassedsincethenewgenerationcentralleadershiptookoffice.Thankstotirelesseffortsacross1,000daysandnights,thelargewheelthatisChinakeepsrollingaheadtowardsthefinaldestinationofthegreatrevivaloftheChinesenation.