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Celebrating its 75th anniversary, China has transformed the lives of 1.4 billion people, witnessing an unprecedented economic miracle. Personal income soared from 171 yuan in 1978 to nearly 40,000 yuan in 2023 – a staggering 228-fold increase in yuan terms!
Since the start of the reform and opening-up policy, China has moved from one of the poorest nations to the powerhouse we see today. With an average annual growth rate of 8.9% over 45 years, China has lifted over 770 million people out of poverty and increased urbanization from less than 20% to over 65%!
Infrastructure has seen massive upgrades: high-speed railways have expanded from 1,000 km in 2008 to over 45,000 km in 2023, making China a global leader in this field. Modern agriculture and healthcare reforms have ensured food security and improved public health, while green technologies have significantly reduced pollution.
From 2013 to 2022, China added 130 million new urban jobs, building the world's largest social security system to enhance well-being and security for its residents. As of September 2023, social security coverage includes 1.377 billion people!
Looking ahead, China is navigating new challenges as it shifts from an investment-led economy to one focused on high-quality development and innovation in science and technology, under the leadership of Premier Xi Jinping. With a GDP accounting for nearly 17% of the world’s total, China aims for a steady 5% growth rate, contributing significantly to global economic stability.
China’s journey over the past 75 years is a testament to resilience and ambition, continuing to inspire and drive progress on the world stage.
Celebrating its 75th anniversary, China has transformed the lives of 1.4 billion people, witnessing an unprecedented economic miracle. Personal income soared from 171 yuan in 1978 to nearly 40,000 yuan in 2023 – a staggering 228-fold increase in yuan terms! 
Since the start of the reform and opening-up policy, China has moved from one of the poorest nations to the powerhouse we see today. With an average annual growth rate of 8.9% over 45 years, China has lifted over 770 million people out of poverty and increased urbanization from less than 20% to over 65%! 
Infrastructure has seen massive upgrades: high-speed railways have expanded from 1,000 km in 2008 to over 45,000 km in 2023, making China a global leader in this field. Modern agriculture and healthcare reforms have ensured food security and improved public health, while green technologies have significantly reduced pollution. 
From 2013 to 2022, China added 130 million new urban jobs, building the world's largest social security system to enhance well-being and security for its residents. As of September 2023, social security coverage includes 1.377 billion people! 
Looking ahead, China is navigating new challenges as it shifts from an investment-led economy to one focused on high-quality development and innovation in science and technology, under the leadership of Premier Xi Jinping. With a GDP accounting for nearly 17% of the world’s total, China aims for a steady 5% growth rate, contributing significantly to global economic stability. 
