China has maintained overall stability in employment in the past five years, with urban registered and survey-based jobless rates kept at "a relatively low level," a senior official said Sunday.
China’s manufacturing industry has significantly improved in the past five years, with enhanced global influence, greater input in research and development (R&D), and more advanced technological processes, companies and experts said on Thursday.
Xi Jinping on Wednesday called for putting quality first and giving priority to performance in the country's economic development.
China's economic achievements since 18th CPC National Congress
Over the past 15 years, China's economy has maintained vigorous double-digit growth, becoming the world's economic growth driver.
The National Bureau of Statistics released a series of data Tuesday on China's economic and social development since the 18th National Congress of the Communist Party of China (CPC) held in 2012.
China's pursuit of high-end manufacturing and relocation of labor-intensive factories will generate opportunities for other emerging markets (EMs) in Asia to bolster economic growth, Fitch said in a report.
The performance of the Chinese economy has been very impressive since the global financial crisis, a US economist said in a recent interview with Xinhua. Since the fourth quarter of 2008, average quarterly real GDP growth in China has been 8.2 percent year on year, while the equivalent figures for the United States and euro area are 1.4 percent and 0.4 percent, respectively, said Paul Sheard, executive vice president and chief economist of American financial information service provider, S&P Global.
As the downward pressure on economic growth has eased, China's policy focus will shift toward maintaining stability while continuing to promote structural reforms.
China will build on the forward momentum and continue its economic structural reforms in 2017, in an effort to provide more opportunities for global growth.
China will stick to the basic tone of "seeking progress while maintaining stability" in this year's economic work to ensure stable and healthy development of the economy, Chinese President Xi Jinping said on Tuesday.
China's economic work in 2017 will focus on supply-side structural reform, an economic official said on Saturday, as the economy urgently needs to address entrenched problems and find long-term growth momentum.
China's fundamentals for long-term economic growth remain sound, President Xi Jinping told economists, government officials and entrepreneurs at a symposium on Friday.
Following the news that last year growth slowed slightly, proactive reforms will remain high on the agenda throughout 2016.
With a strong resolve to deepen reforms and a clear grasp of its priorities, the Chinese government is on the right path toward countering downward pressure for growth and realizing major economic goals for the next five years.
China's central leadership will convene in October to deliberate a comprehensive plan for development over the next five years (2016-2020).
China's National Bureau of Statistics (NBS) on Thursday released a report on the country's economic and social development in 2014.
Following is the full text of the Report on the Implementation of the 2013 Plan for National Economic and Social Development and on the 2014 Draft Plan for National Economic and Social Development, which was submitted on March 5, 2014 for review at the Second Session of the 12th National People's Congress and was adopted on March 13.