Policy News

In the face of the complex and changing external environment and the challenges of multiple factors, China’s manufacturing industry has been moving forward steadily – in 2023, the “combination of stabilizing growth policies” was powerful and effective, and the annual value-added of industry above designated size grew by 4.6% year-on-year, an increase of 1 percentage point compared with that of 2022.

DAVOS, Switzerland, Jan. 20 (Xinhua) — (Reporter Qiao Jihong) The annual meeting of the World Economic Forum (WEF) has come to an end, and the town in the Alps, which was crowded with people yesterday, is calm today.

Since the 18th CPC National Congress, China’s various types of engineering construction accelerated, converging into a magnificent picture of the new era. A big country project has become a powerful engine to enhance original innovation ability and lead high-quality development, providing strong support for Chinese-style modernization.

Data released by China’s National Bureau of Statistics (NBS) on Jan. 17 showed that, on a preliminary basis, China’s gross domestic product (GDP) exceeded 126 trillion yuan in 2023, an increase of 5.2 percent over the previous year at constant prices.In 2023, China’s economy withstood external pressures and overcame internal difficulties, realizing a rebound to a positive trend, and high-quality development is advancing in a solid manner.

The development of new energy vehicles is a necessary way for China to move from a large automobile country to a strong automobile country, and a strategic initiative to cope with climate change and promote green development.Since the State Council issued the Energy Saving and New Energy Vehicle Industry Development Plan (2012-2020) in 2012, China has adhered to the purely electric drive strategic orientation, and the development of new energy vehicle industry has made great achievements, becoming one of the important forces in the transformation of the world automobile industry.