China Media Group listed the most important economic and financial developments in the country in 2023.
China’s achievements in the fields of aircraft, ships and automotive are noteworthy in the ranking. Here are the most important developments in the economy in 2023:
Chinese President Xi Jinping announced the “Cultivating Skilled Workforce” project to develop industrial sectors with scientific innovation. This development is seen as one of the most important steps that will support China’s development in this field in the future.
The Gross Domestic Product is expected to exceed 126 trillion yuan, and China’s contribution to global economic development is expected to reach one-third. China will continue to be the biggest engine of the world economy.
The China Central Finance Studies Meeting was held for the first time. It was emphasized at the meeting that the construction of a strong financial country would be accelerated.
China has announced a series of policies and measures aimed at developing a private economy by improving the development environment and providing legal assurance to development.
The country’s annual food production volume broke a historical record and remained above 0.65 trillion kilos for 9 years.
Annual automotive exports are expected to exceed 5 million units and the country will become the world’s largest automotive exporter.
While high-production oil and natural gas flows were discovered within the scope of the “Shendi-1” (Deep underground) project, progress was made in China’s development of energy in the ocean environment with the entry into service of the “Shenhai-1” (Deep sea) deep ocean drilling platform.
The first large-scale cruise ship was delivered. China has also acquired the “three pearls” of global shipbuilding, including aircraft carriers, large-scale natural gas carriers and large-scale passenger ships.
China’s domestic large-scale passenger aircraft C919 completed its first commercial flight. The number of global orders for aircraft exceeded a thousand. Domestic aircraft construction added dynamism to the development of Chinese aviation.
With the official implementation of the share issuance registration system, the basic system of the Chinese capital market has become more standardized. (CGTN TURK)
The opinions expressed herein are the author’s and not necessarily those of News2Sea.
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