Chinese officials outlined significant progress in national development during a high-profile briefing this week, detailing achievements under the 14th Five-Year Plan (2021-2025) that are reshaping Asia's largest economy.
Economic Transformation Accelerates
The State Council Information Office reported sustained GDP growth averaging 5.3% annually since 2021, with particular emphasis on technological self-reliance. Over 1.2 million 5G base stations now operational nationwide signal China's lead in next-gen infrastructure.
Green Transition Gains Momentum
Renewable energy capacity surged by 510 gigawatts during the period, accounting for 53% of total power generation expansion. Officials highlighted this as critical progress toward carbon neutrality goals while maintaining industrial competitiveness.
Social Development Priorities
Key welfare improvements include:
- Urban job creation exceeding 50 million
- Per capita disposable income growth of 5.8% annually
- Expanded healthcare coverage to 99% of residents
Analysts note these developments create new opportunities for cross-border collaboration in clean tech and digital infrastructure across Asian markets.
Reference(s):
China briefs media on achievements during 14th Five-Year Plan period
cgtn.com