How China's new five-year plan resonates with the world
2021-03-23 13:20:00

--"The 14th five-year plan provides an excellent pathway for a truly modernized economy, a consumer-driven society, and growth which is sustainable as well as strong."

-- According to China's development blueprint for the next five years, the country will boost and upgrade consumption as part of its strategy of expanding domestic demand and the new development paradigm featuring dual circulation.

-- China's energy consumption per unit of GDP and carbon dioxide emissions per unit of GDP will be reduced by 13.5 percent and 18 percent, respectively, between 2021 and 2025.

by Xinhua writers Zhao Yang, Wu Qiong and Guo Xiaoyu

BEIJING, March 22  -- China's 14th five-year plan has resonated with bigwigs participating in the China Development Forum 2021 as economists and business leaders shared their insights on how the country will embark on the future route.

"The 14th five-year plan provides an excellent pathway for a truly modernized economy, a consumer-driven society, and growth which is sustainable as well as strong," said Noel Quinn, Group Chief Executive of HSBC, at the high-profile forum, lasting from March 20 to 22 in Beijing.

The country has unveiled its blueprint for development in the new era, prioritizing new development paradigm and high-quality development in the five-year plan.

The endeavor to promote higher-level reform and opening-up, further boost consumption-driven growth, strengthen green development is setting a new landmark on its journey to modernization.

Source: Xinhua Editor: Hiram