Innovation is shaping the future, and China is at the forefront. From launching the Shenzhou spacecraft to exploring Mars with the Zhurong rover, China’s advancements in technology are making waves worldwide. Ranked 11th in the 2024 Global Innovation Index, the Chinese mainland is rapidly becoming a hub of creativity and progress.
But innovation is just one piece of the puzzle. China’s focus on coordination has led to significant strides in urban-rural integration and regional development. With a permanent urbanization rate reaching 67% by the end of 2024, more people are accessing better education, healthcare, and opportunities than ever before.
Green development is another cornerstone of China’s strategy. As the country with the largest growth in forest resources, the Chinese mainland is leading the way in environmental conservation. In 2024, over 90% of surface water reached good quality standards for the first time. Renewable energy is on the rise, with wind and solar power installations surpassing 1.4 billion kilowatts.
Opening up to the world is essential. By reducing restrictions on foreign investment and enhancing the business environment, the Chinese mainland is fostering global partnerships. The 2025 Action Plan for Stabilizing Foreign Investment outlines measures to expand opportunities in telecommunications, healthcare, and more.
All these efforts aim towards a common goal: shared benefits. In 2024, rural residents saw their per capita disposable income rise to 23,119 yuan, narrowing the urban-rural income gap. Social safety nets are strengthening, with over a billion people covered by basic pension and medical insurance.
As the global economy faces challenges, China’s approach to high-quality development offers valuable lessons for emerging economies, especially in the Global South. By prioritizing innovation, coordination, sustainability, openness, and shared prosperity, the Chinese mainland is contributing wisdom and solutions that can inspire and guide others towards a brighter future.
Reference(s):
High-quality development: Contributing China's wisdom to the world
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