BEIJING, July 2, 2021 \/PRNewswire\/ — At a grand ceremony to celebrate the 100th anniversary of the founding of the Communist Party of China (CPC) on Thursday, Beijing officially announced that it has completed its goal of building a moderately prosperous society in all respects.<\/p>\n\n\n\n
That marks the culmination of the Chinese people\u2019s 2,500-year journey to pursue \u2018Xiaokang\u2019 \u2013 a peaceful and happy life \u2013 through 100 years of diligent endeavors by the CPC as well as over four decades of relentless government work and Chinese ingenuity.<\/p>\n\n\n\n
\u201cWe have realized the first centenary goal of building a moderately prosperous society in all respects,\u201d General Secretary of the CPC Central Committee Xi Jinping said at the\u00a0grand gathering.<\/p>\n\n\n\n
Loud cheers from the crowd in the Tian\u2019anmen Square encapsulated the pride and exhilaration of the entire Chinese nation in reaching the hard-fought achievement.<\/p>\n\n\n\n
What does a \u2018Xiaokang society\u2019 mean in a country of 1.4 billion people?<\/p>\n\n\n\n
Rooted in China\u2019s traditional culture, \u201cXiaokang\u201d is used by the CPC to describe the development goals towards which the country has been striving. Its most widely used form \u2013 \u201can all-around Xiaokang society\u201d \u2013 captures the broader goals of modernization and elimination of poverty.<\/p>\n\n\n\n
The concept features an \u201cincome-doubling plan,\u201d aimed at doubling the GDP and per capita income of both urban and rural residents by 2020 in comparison with 2010 levels.<\/p>\n\n\n\n
China, a relatively poor country just decades ago, has become the world\u2019s second largest economy with a gross domestic product (GDP) exceeding 100 trillion yuan (about $15 trillion). Its per capita GDP has reached over $10,000, 10 times higher than in 2000 \u2013 making China one of the top middle-income countries.<\/p>\n\n\n\n
The country declared victory in eradicating absolute poverty nationwide at the end of 2020, and both urban and rural residents have seen their incomes grow rapidly.<\/p>\n\n\n\n
In 2020, the per capita disposable income reached 32,189 yuan ($4,665). The Engel coefficient dropped to 30.2 percent in 2020, from 60 percent a few decades earlier, indicating the country\u2019s rising standards of living.<\/p>\n\n\n\n
By the end of 2020, 1.36 billion people \u2013 95 percent of the population \u2013 had basic medical insurance. Meanwhile, 999 million people \u2013 over 90 percent of the population \u2013 were covered by the pension system.<\/p>\n\n\n\n
And the \u201cmoderately prosperous\u201d ambition has gone further than meeting people\u2019s basic needs. As Xi put it on Thursday, \u201csince the very day of its founding, the Party has made seeking happiness for the Chinese people and rejuvenation for the Chinese nation its aspiration and mission.\u201d<\/p>\n\n\n\n
China\u2019s seventh national census in 2020 showed that people\u2019s level of education had steadily increased, while China\u2019s cultural industry has seen rapid growth. In 2019, it accounted for 4.5 percent of GDP, up nearly 1.7 percentage points from 2010.<\/p>\n\n\n\n
In terms of resources and the environment, the proportion of clean energy has increased rapidly. In 2020, clean energy accounted for 24.3 percent of China\u2019s total energy consumption.<\/p>\n\n\n\n
As China embarks on a new journey toward socialist modernization, Xi vowed that the CPC will continue to practice a people-centered philosophy of development, address the people\u2019s concerns and promote common prosperity for all.<\/p>\n\n\n\n
\u201cOn the journey ahead, we must rely closely on the people to create history,\u201d he said on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"
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