China aims to achieve a faster economic growth of around 5 percent with better quality of development in 2023, as the world's second-largest economy gathers pace to build up recovery momentum and push ahead with its modernization drive. The projected target, higher than the 3-percent growth recorded in the country's gross domestic product (GDP) last year, is one of the key objectives for development laid out in the government work report delivered by Premier Li Keqiang to the national legislature, which began its annual session Sunday. The world is closely watching for new policy moves on China's development, as national lawmakers and political advisors convene for the first annual gathering since the 20th National Congress of the Communist Party of China (CPC) in October last year. Meanwhile, the country's quick recovery from COVID-19 has raised hopes for wider growth globally, adding to the significance of the event. Delivering steady and quality growth is key to realizing the CPC's grand blueprint for building a great modern socialist country by the middle of this century. "It is imperative to maintain reasonable long-term economic growth while ensuring better quality and efficiency and to sustain our miraculous achievements of fast economic growth and long-term social stability," as the 20th CPC National Congress envisaged increasing the country's per capita GDP to be on par with that of a mid-level developed country by 2035, according to a separate report submitted Sunday by the National Development and Reform Commission (NDRC), the top economic planner. The growth target of around 5 percent "is necessary to ensure stable growth, employment and prices," according to the NDRC report on the implementation of the 2022 plan for national economic and social development and on the 2023 draft plan for national economic and social development. "It will be a positive signal to the market and will bolster confidence, guide expectations, expand employment, improve living standards, and prevent and defuse risks while pursuing development," the NDRC report said. This year's GDP target is also consistent with the growth potential of the Chinese economy at present and with the capability of resources and production factors to support the economy, according to the report. "For China, 2023 is a year of economic comeback," said Liu Shouying, dean of the School of Economics at Renmin University of China. While the annual GDP target is an appropriate growth pace required to stabilize expectations and economic expansion, it has indicated that the Chinese economy will continue to focus on high-quality development, Liu said. REVIVING GROWTH China's economy is staging a steady recovery, with marked improvement in consumer demand, market distribution, industrial production and business expectations, the premier said, noting that the economy is demonstrating vast potential and momentum for further growth. The recovery can be seen and felt in the scenes of busy roads, crowded cinemas and restaurants, and shopping sprees both online and in stores. The latest official data showed that manufacturing activity has returned to the highest level in more than a decade, foreign investment growth rebounded, and monthly new bank lending surged more than expected. While acknowledging past achievements, Li cautioned of difficulties and challenges confronting the economy, including rising uncertainties in the external environment, insufficient domestic demand, and risks and hidden dangers in the real estate market. It is important to "give priority to ensuring stable growth, employment and prices" this year, Li told lawmakers. This year, China aims to create around 12 million new urban jobs, with a surveyed urban unemployment rate of around 5.5 percent, according to the government work report. Other annual objectives include keeping the consumer price index increase at around 3 percent and grain output above 650 million tonnes. The government work report unveiled a raft of measures to shore up growth this year. They include a projected deficit-to-GDP ratio of 3 percent, 0.2 percentage points higher than the level last year, and 3.8 trillion yuan (about 549.8 billion U.S. dollars) of special-purpose bonds to be allocated to local governments. The report also called for making the prudent monetary policy targeted and forceful, noting that the M2 money supply and aggregate financing should increase generally in step with nominal economic growth to support the real economy. To expand domestic demand, China will prioritize the recovery and expansion of consumption, the report said, noting that the incomes of urban and rural residents will be boosted through multiple channels. "China's economy will turn for the better on the whole and its growth rate is more likely than not to reach a normal level," said economist Yu Miaojie, president of Liaoning University and a national legislator. International institutions and investment banks have raised thei

Nihao, Europe: Xinhua Headlines: China targets faster, quality growth amid push for recovery, modern

Nihao, Europe

OKTO

Xinhua Headlines: China targets faster, quality growth amid push for recovery, modern

On 20. February 2023, the online forum “Human Security in the Post-Pandemic Digital Era” took place via ZOOM, an event co-organized by URBAN FORUM and SINOPRESS. At the backdrop of this year’s Munich Security Conference, this forum aimed at an extended discussion of security issues, including human security at the AI era, Ukraine war, international cooperation in the post-Pandemic time concerning digital security, governmental use of malware, geopolitics and global economic development, observation of human security during the Pandemic time under the respective measures and policies, etc.

Nihao, Europe: Human Security in the Post-Pandemic Digital Era

Human Security in the Post-Pandemic Digital Era

Fashion designer Chu Yan's studio is decked with sets of traditional Chinese robes, one of which made its mark in the Beijing Winter Olympics. Chu is known for her work in recreating traditional Chinese garments and adding a modern twist to ancient elements. She also teaches at the Beijing Institute of Fashion Technology and runs her own studio. Blending "Bao Xiang Hua," a hybrid floral pattern once commonly found in ancient ceramics, and images of snowflakes, she worked on designs for the medal ceremony of the Beijing Winter Olympics, an international stage which she believes can "bring modern Chinese aesthetic to the world." "I found great joy in reading about fashion in a magazine when I was only 12 and set my life target on becoming a designer," she said. Having extensively studied fashion from different countries, she developed a keen interest in traditional Chinese garments. Chu's career has thus thrived in the last decade, banking on a surge in the popularity of domestic brands and products that incorporate traditional Chinese style and culture, a trend known as "guochao," or China Chic. "The new generation of designers shall aim high, not merely showing the Chinese beauty to the world, but also aiming to lead global fashion," she said. CHANGES FOR THE BETTER A decade fleets by, and much has changed in what the Chinese people wear. Shops selling high couture have no shortage of generous buyers. Adding to the long-lasting glamor list of Qipao (robes) and Tang suits is Hanfu, a type of traditional garment. Data from iiMedia Research shows Hanfu sales climbed from 190 million yuan (26.76 million U.S. dollars) to 6.36 billion yuan from 2015 to 2020 in trends advanced by social media influencers and live streamers who look like they have stepped out of a set of a historical drama. "What's seen now is a modern renaissance flourishing on the rich soil of traditional Chinese culture. The garment industry will definitely see more original and ingenious creations," said Wang Wensheng, vice director of the Beijing textile and garment association. China's GDP doubled to 114 trillion yuan last year from over 50 trillion yuan in 2012. Ten years ago, China's per capita GDP was 6,300 U.S. dollars, which climbed to over 12,000 U.S. dollars last year. Deeper pockets are sustaining more diverse choices. Zhang Yanmei, who works with the hotpot chain of Xiabu Xiabu, recounts the changes in the hotpot broths. "A few years back, there were not as many flavors. Now we have Thai Tom Yum Kung flavor, Indian curry flavor, and even durian chicken flavor, and almost all can be delivered to your doorstep," she said. New brands and chains have kept emerging in the catering industry, and businesses are expanding overseas, she added. Looking back over the past decade, the way of traveling or getting around is also changing. Zhao Qirong, a resident of Taiyuan, capital of north China's coal-rich Shanxi Province, has witnessed the rapid growth of electric cars. By June this year, China had 10 million new energy vehicles. Zhao has also bought an electric car for his wife to commute and take his kid to school. "Many people are buying electric cars. They are quite convenient," he said. High-speed railway is another transportation field that is developing by leaps and bounds. "Chinese high-speed railway technology is breaking new boundaries to benefit the public," said Gao Liang, chief of the School of Civil Engineering, Beijing Jiaotong University. By the end of 2021, China's total length of railways and highways had increased by 1.1 million km from 2012, data showed. CODE TO GROWTH The past decade has been driven by innovative, coordinated, green, open, and shared development, which has brought profound changes in the social and economic life in China, said Gu Hailiang, a professor at Peking University. "Through the comprehensive and faithful implementation of the concept, China will further advance high-quality growth and raise competitiveness," he said. Facing the pandemic, China posted a 2.5 percent year-on-year growth from January to June this year and is on track for further recovery. Since 2012, about 100 million rural residents in China have emerged from absolute destitution. Among the massive tasks completed were 9.6 million people resettling from less inhabitable areas to areas with a better environment. China's anti-poverty feat has made its mark in the history of humanity, reflecting the strength of Party leadership, the efficacy of its people-centered philosophy, and its institutional strength, observers say. In its Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, China has reiterated its commitment to the people-centered approach for the years to come, insisting that the development is for the people and depends on the people, and that its fruits are shared by the people. Going forward, China has also set out new development goals

Nihao, Europe: Food, attire, travel - a decade of changes in China

Food, attire, travel - a decade of changes in China

E-Sport ist eine weltweit aufkommende Branche, in der sich viele junge Menschen engagieren. Mit dem Thema E-Sport hat diese Folge mehrere Video-Game SpielerInnen und ProfessorInnen interviewt, die dem Publikum durch ihre Ausführungen und Erzählungen neue Erkenntnisse über E-Sport vermitteln."

Serbien Zijin Copper Co., Ltd. legt „grüne Minen" als Entwicklungskonzept des Unternehmens fest. Beim Abbau und Sammeln natürlicher Ressourcen optimiert dies die Produktionskapazität, verbessert die Technologie, fördert die lokale Beschäftigung und trägt zur gesunden wirtschaftlichen und kommerziellen Entwicklung in Serbien und China bei.'

Die Winterolympiade in Peking 2022 ist eine der wenigen Sportveranstaltungen, die während der globalen Pandemie erfolgreich stattgefunden haben. Dies stellt eine wichtige Gelegenheit für Athletinnen und Athleten dar, die aus der ganzen Welt zusammenkommen. Diese Episode konzentriert sich auf das Aufwärmen der Olympischen Winterspiele und vermittelt den Menschen einen positiven olympischen Sportgeist."

In den letzten Jahrzehnten hat sich Chinas Militär von einem unbeschriebenen Blatt zu seiner heutigen Größe entwickelt. Um die Fortschritte auf diesem Weg zu würdigen, setzen Menschen in einem Konzert Technologie in Musik ein und zeigen somit ihren Respekt an alle WissenschaftlerInnen, die sich an diesem Erfolg beteiligten."

Mit der Unterzeichnung des Handelsabkommens zwischen China und der EU ist die Beziehung zwischen Europa und China in eine neue Phase eingetreten. Der Inhalt dieser beiden Episoden dreht sich um die Vergangenheit und Zukunft von China und Europa."

Nihao, Europe: China-EU economic ties, the way ahead"

China-EU economic ties, the way ahead"

Die Raumfahrt ist seit langer Zeit ein wichtiges Thema weltweit. Im Jahr 2021 hat China mehrere RaumfahrerInnen in den Weltraum geschickt. Zu dem Fortschritt der Menschheit in Bezug auf Weltraumforschung hat das Team ein paar Experten in Österreich interviewt."

Während der Corona-Pandemie hat die traditionelle chinesische Medizin eine besondere Rolle gespielt. In dieser Folge sprechen einige TCM ExpertInnen von ihren Erfahrungen."

2021 war ein besonderes Jahr, da es sowohl den 50. Jahrestag der Aufnahme diplomatischer Beziehungen zwischen Österreich und China als auch den 100. Jahrestag der Gründung der Kommunistischen Partei Chinas markierte. Zu diesem besonderen Anlass überbrachten der ehemalige österreichische Bundeskanzler Heinz Fischer und die Kinder des ehemaligen österreichischen Botschafters in China ihre besten Wünsche für die Freundschaft zwischen den beiden Ländern."

In der Küstenstadt Senj in Kroatien wurden Windmühlen in den letzten Jahren gebaut. Diese 56 Windmühlen wandeln in Senj Strom um und übertragen ihn an Tausende von Haushalten, was einen herausragenden Beitrag zur Entwicklung und Verbreitung von grüner Energie leistet."

Nihao, Europe

Weitere Folgen

Nihao, Europe: Xinhua Headlines: China targets faster, quality growth amid push for recovery, modern

Nihao, Europe: Human Security in the Post-Pandemic Digital Era

Nihao, Europe: Food, attire, travel - a decade of changes in China

Nihao, Europe

Nihao, Europe

Nihao, Europe

Nihao, Europe

Nihao, Europe

Nihao, Europe: China-EU economic ties, the way ahead"

Nihao, Europe

Nihao, Europe

Nihao, Europe