Qualitative development a new benchmark for growth

Traditionally, GDP growth has been used to measure economic prosperity. But in doing so, economists often overlook important development factors such as social justice, environmental sustainability and quality of people's life.

But now, a new development paradigm is emerging. It is centered on qualitative development, and prioritizes sustainable and comprehensive growth. This aspect is particularly notable in the case of China, which has achieved remarkable economic growth in recent decades.

In the new landscape, China, as a global economic leader, seeks to harmonize this advancement with improvements in environmental sustainability and social inclusion. China's high-quality, innovation-driven development model, recognized by the international community, underscores the need to use economic growth to realize more systemic development.