Marking the 75th anniversary of founding of Peoples’ Republic of China on 1st October, Chinese people under the leadership of Communist Party of China (CPC) have embarked on an epic journey from nowhere to everywhere.
The milestone journey from being poor and weak to being prosperous and strong is brimming with hardships, strenuous efforts, resolute commitments, pragmatic strategies, viable actions, social harmony and on top of them, leadership’s inclusive vision.
Reaching the age of 75, China has taken centre stage, forging its own path to high-tech modernization and contributing to global peace and development. Since the 18th National Congress of CPC, China has introduced a new development philosophy which gives full play to dynamics, vitality and potential of high-quality development, effectively responding to various risks and challenges on the way forward.
China’s economic power has risen dramatically. In 1952, China’s GDP was only USD 67.91 billion, but in 2023 it exceeded USD17.8 trillion. At present, China is the world’s second largest economy, largest manufacturer, largest trader in goods, second largest consumer of commodities and largest holder of foreign exchange reserves.
China has long contributed around 30 percent to global economic growth, playing an important role as a stabilizer and source of strength despite the rising instability and uncertainty in the global economy.
China’s scientific and technological innovation keeps soaring high. The past 75 years have witnessed the enhancement of China’s innovation capacity with entering into the era of new quality productive forces. Notable achievements include the fully operational Tiangong space station, the successful commercial operation of the C919, China’s first home-made large passenger aircraft, the recent development of the world’s first tri-fold mobile phone made by HUAWEI. China is a global leader in science and technology, contributing positively to global technological advancement.
Over the past 75 years, China’s circle of friends has also expanded, with diplomatic relations established with a total of 183 countries as of September. In September this year, leaders from China and Africa successfully convened the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, setting forth plans to enhance China-Africa cooperation in the new era. More events are anticipated to be held between China and other members of the Global South nations in the upcoming months to address development and other global challenges. –Agencies
