Chinese-Style Modernization Blueprint: Per Capita GDP Expected to Reach $30,000 by 2035

Reported 8 months ago

The Chinese-Style Modernization Research Center at the Communist Party School of the Central Committee of the Communist Party of China and the Social Science Literature Publishing House jointly released the 'Blue Book of Chinese-Style Modernization: China Modernization Development Report (2024)' on June 23, 2024, optimistically predicting that by 2035, mainland China is expected to achieve a per capita Gross Domestic Product (GDP) of around $30,000. The report also highlights challenges such as income inequality, with China's current per capita GDP at $12,700, ranking around 68th globally. The concept of 'Chinese-Style Modernization' proposed by President Xi Jinping emphasizes achieving high-quality development, promoting innovation, sharing, coordination, green development, and openness to drive various objectives.

Source: YAHOO

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