China’s economic output has jumped from 53.9 trillion yuan($8.06 trillion) in 2012 to 114.4 trillion yuan($17.11 trillion) in 2021, with its proportion in the world economy increasing from 11.3 percent to more than 18 percent, the country’s development and reform commission announced Tuesday.
(File photo: CFP)
China’s per capita GDP has risen from $6,300 to more than$12,000, and its innovation index ranked 12th in the world in 2021, making historic leaps in important fields, said the authority at a press conference themed "China in the Past Decade".
In the past ten years, China has solidly implemented major regional development strategies, including the coordinated development of the Beijing-Tianjin-Hebei region, the development of the Yangtze River Economic Belt and the Guangdong-Hong Kong-Macao Greater Bay Area, the integrated development of the Yangtze River Delta, the ecological protection and high-quality development of the Yellow River Basin and more, it was noted at the press conference.
