Hard won bright report card -- Summary of economic construction achievements since the 18th National Congress of the Communist Party of China

Since the 18th National Congress of the Communist Party of China (CPC), China has adhered to the general principle of seeking progress while maintaining stability, led the new normal of economic development, and promoted supply side structural reform, Hand in a hard won bright report card.

The economy is stable and improving

The latest data shows that in September, the purchasing managers' index (PMI) of China's manufacturing industry was 52.4%, the highest since May 2012, and the pace of expansion of the manufacturing industry has accelerated.

This is the latest footnote for China's economic stability. Since the 18th National Congress of the Communist Party of China, under the guidance of the new development concept, China's economic and social development has stood at a new starting point and continued to achieve new leaps.

Over the past five years, China's economy has maintained a medium to high speed growth. According to the National Bureau of Statistics, from 2013 to 2016, China's GDP grew at an average annual rate of 7.2%, higher than the average growth of 2.5% in the world and 4% in developing economies over the same period.

Over the past five years, China's employment and price situation has remained stable. Statistics show that from 2013 to 2016, the number of new urban employment has remained above 13 million for four consecutive years, and the unemployment rate in 31 major cities has basically stabilized at about 5%. At the same time, the price rise was moderate, with the average annual rise of consumer prices from 2013 to 2016 being 2%.

In the past five years, China's international influence has increased significantly. In 2016, China's GDP accounted for about 15% of the total world economy, an increase of more than 3 percentage points over 2012, ranking second in the world. From 2013 to 2016, China's average contribution rate to world economic growth reached more than 30%, exceeding the combined contribution rate of the United States, the euro area and Japan, ranking first in the world.

"In the five years since the 18th National Congress of the Communist Party of China was held, China has firmly established and implemented the new development concept in the face of profound changes in the world situation and national conditions, adapted to grasp and lead the new normal of economic development, blazed new trails, and forged ahead. China's economic and social development has made new brilliant achievements, and won a major victory in building a moderately prosperous society in all respects," said Xing Zhihong, spokesman of the National Bureau of Statistics.

Structural adjustment and optimization

It is the National Day and the Mid Autumn Festival, and tourism has become a holiday choice for many people. According to the survey of the National Tourism Administration, the number of domestic tourists is expected to reach 710 million from October 1 to October 8, and the domestic tourism revenue will reach 590 billion yuan, up 10% and 12.2% respectively from the same period last year.

Social consumption represented by tourism is injecting strong impetus into economic growth. Since the 18th National Congress of the Communist Party of China, China has paid more attention to structural adjustment and optimization, and promoted the economy to a higher level of development.

From the perspective of industrial structure, the proportion of service industry continues to increase. According to the data of the National Bureau of Statistics, in 2013, the added value of the service industry exceeded the secondary industry for the first time, becoming the largest industry in the national economy; In 2016, this proportion increased to 51.6%, 6.3 percentage points higher than that in 2012, supporting "half the country".

From the perspective of demand structure, consumption has become the main driving force of economic growth. Statistics show that from 2013 to 2016, the annual average contribution rate of final consumption expenditure to economic growth was 55%, 8.5 percentage points higher than the total capital formation.

From the perspective of urban and rural structure, new urbanization has been steadily promoted. At the end of 2016, the urbanization rate of the permanent population was 57.35%, 4.78 percentage points higher than that at the end of 2012, with an average annual increase of 1.2 percentage points.

From the perspective of spatial pattern, the "three strategies" have been thoroughly implemented, and the "four plates" have been comprehensively promoted. New growth poles and growth belts are gradually forming, and new driving forces and new highlights of regional development are emerging.

"Since the 18th National Congress of the Communist Party of China, in accordance with the requirements of leading the new normal of economic development, all regions and departments have made great efforts to optimize the industrial structure, constantly improve the demand structure, actively promote urbanization, and strive to promote coordinated regional development. China's economic structure has accelerated adjustment, and the momentum of transformation and upgrading is good, and economic development has moved towards the medium and high-end level." Ning Jizhe, deputy director of the National Development and Reform Commission and director of the National Bureau of Statistics, said.

Continuous improvement of people's livelihood

The improvement of people's livelihood is the starting point and goal of economic development. Over the past five years, China has adhered to the principle of giving priority to people's livelihood and made efforts to enhance people's sense of gain.

In the past five years, residents' income has been rising. According to the data from the National Bureau of Statistics, in 2016, the per capita disposable income of residents nationwide was 23821 yuan, an increase of 7311 yuan over 2012, with an average annual real growth of 7.4%.

In the past five years, targeted poverty alleviation has achieved remarkable results. According to the rural poverty standard of 2300 yuan per person per year (constant price in 2010), the rural poverty population in 2016 was 43.35 million, 55.64 million less than that in 2012. At the same time, the income growth rate of farmers in poor areas is higher than the national level.

In the past five years, the coverage of social security has continued to expand, and the social security system covering urban and rural residents has basically been completed. Substantive progress has been made in the integration of the basic medical insurance system for urban and rural residents, and the overall coverage of basic medical insurance has been achieved.

In the past five years, the education level of residents has continued to improve, the construction of a healthy China has accelerated, and public health service facilities have increased significantly.

"Over the past five years, we have adhered to the people centered development philosophy, focused on solving prominent issues of common concern to the people, and promoted the virtuous circle of economic development and people's livelihood improvement," said He Lifeng, director of the National Development and Reform Commission. (Chen Weiwei)