Xinhua Commentary: Composing a new chapter of high-quality development of county economies in the "14th Five-Year Plan" period.
Xinhua News Agency stated in an article that county economy is the "micro foundation" of the Chinese economy. It provides the basis and guarantee for the employment and improvement of living standards for over half of China's population, while also taking on important macroeconomic functions such as expanding domestic demand and facilitating circulation, serving as a key engine for promoting high-quality development of the Chinese economy. Kunshan City, Jiangyin City, Zhangjiagang City, Jinjiang City, Cixi City, Changsha County, and Yiwu City all have a total economic output exceeding 200 billion yuan. These active county economies together form a strong foundation for the Chinese economy. Looking towards the "14th Five-Year Plan," county development is facing new historical opportunities. The proposal for the "14th Five-Year Plan" approved at the Fourth Plenary Session of the 20th CPC Central Committee puts forward the idea of "developing county economies with distinctive characteristics," guiding the high-quality development of county economies. Focusing on people, promoting diverse collaboration, adapting strategies according to local conditions, and innovating in development, the thriving county economy paints a vivid picture of China's governance, becoming an important pillar and source of vitality for China's modernization.
Latest

