President Xi Jinping Unveils Vision for High-Quality Development at ‘Two Sessions’

President Xi Jinping Unveils Vision for High-Quality Development at 'Two Sessions'

Beijing, The Gulf Observer: Chinese President Xi Jinping has provided comprehensive perspectives on the country’s path towards high-quality development during this year’s “two sessions,” a pivotal political event set to conclude on Monday.

President Xi actively engaged in discussions with national legislators and political advisors, addressing a spectrum of crucial topics, including new quality productive forces, environmental protection, overall reform, and coordinated regional development.

New Quality Productive Forces:
Xi emphasized the paramount importance of developing new quality productive forces, aligning with China’s accelerated efforts to foster new growth drivers and promote high-quality development. Focusing on innovation as the driving force, new quality productive forces represent advanced productivity, unshackled from traditional economic growth models, and aligned with the new development philosophy. The President highlighted the significance of balancing development by not neglecting traditional industries, urging caution against hasty projects and industry bubbles. Xi also stressed the need to strengthen basic research and applied sciences, achieve breakthroughs in core technologies, and cultivate a culture of meticulous craftsmanship.

Deepening Overall Reform:
Reform emerged as a central theme in Xi’s discussions, with a call to plan major measures to deepen reform on all fronts. The goal is to inject strong impetus into efforts promoting high-quality development and advancing Chinese modernization. Xi highlighted the imperative of accelerating improvements in basic systems underpinning the market economy, including property rights protection, market access, fair competition, and social credit. He emphasized the need to consolidate and develop the public sector while supporting the growth of the non-public sector and private enterprises. The President also stressed the importance of deepening reforms in science and technology, education, and professional personnel to facilitate the growth of new quality productive forces.

Environmental Protection:
Xi underscored the CPC Central Committee’s commitment to environmental protection, emphasizing the need to secure red lines in territorial development and improve region-specific environmental management systems. Aligning with China’s goals for energy conservation, Xi called for targeted, science-based, and lawful pollution control. The President urged efforts to promote green and low-carbon transitions in economic and social development, emphasizing the importance of resource conservation and exploring ways to realize the market value of ecological products. Xi reiterated China’s commitment to peak carbon emissions and achieve carbon neutrality.

Common Prosperity:
Xi highlighted the pursuit of common prosperity for all as a fundamental aspect of Chinese modernization. Commending the achievements of Yonglian Village in Jiangsu Province as a pioneer in rural revitalization and common prosperity, the President urged continued efforts to promote shared development and prosperity among communities. He stressed the importance of building a society where all citizens can enjoy the fruits of development and contribute to the nation’s overall progress.

Coordinated Regional Development:
Xi acknowledged the crucial role of coordinated regional development strategies implemented since the 18th CPC National Congress in 2012. Highlighting the importance of integrating and contributing to the development of the Yangtze Economic Belt and the strategy for the integrated development of the Yangtze River Delta, Xi urged economically developed provinces like Jiangsu to leverage their strengths to drive regional and national development.

As China navigates the challenges and opportunities of the 14th Five-Year Plan (2021-2025), President Xi Jinping’s remarks at the “two sessions” provide valuable insights into the trajectory of the world’s second-largest economy, emphasizing the commitment to innovation, environmental sustainability, social reform, and equitable development.