Bei­jing’s Ex­tra­or­di­nary So­cio-eco­nomic De­vel­op­ment

Beijing (English) - - CONTENTS - Trans­lated by Deng Su­juan Edited by David Ball Photo by Zhou Shi­jie

As the cap­i­tal city of China, Bei­jing has pro­moted a se­ries of struc­tural re­forms and opened it­self up to the out­side world, thereby achiev­ing re­mark­able so­cio- eco­nomic de­vel­op­ment over the past four decades.

As the cap­i­tal city of China, Bei­jing has been at the fore­front of the coun­try's re­form and open­ing-up pro­gramme. It has unswerv­ingly pro­moted a se­ries of struc­tural re­forms and opened it­self up to the out­side world, thereby achiev­ing re­mark­able so­cio-eco­nomic de­vel­op­ment over the past four decades.

On De­cem­ber 21, 2018, the In­for­ma­tion Of­fice of the Peo­ple's Govern­ment of Bei­jing Municipality and Bei­jing Mu­nic­i­pal Com­mis­sion of De­vel­op­ment and Re­form held a press con­fer­ence dis­cussing so­cio-eco­nomic de­vel­op­ment in the municipality. This was one in a se­ries of news con­fer­ences themed “tak­ing the path of re­form and bravely ad­vanc­ing in the new era,” and part of the city's 40th an­niver­sary cel­e­bra­tion of China's re­form and open­ing-up.

Lead­ing from the Front

Over the past 40 years, un­der the cor­rect lead­er­ship of the Cen­tral Com­mit­tee of the Com­mu­nist Party of China (CPC) and the State Coun­cil, the CPC Bei­jing Mu­nic­i­pal Com­mit­tee and the Peo­ple's Govern­ment of Bei­jing Municipality have con­tin­u­ously deep­ened re­form and ex­panded openingup, re­alised great so­cio-eco­nomic de­vel­op­ment, and laid a solid foun­da­tion for the con­struc­tion of a world-class, har­mo­nious and live­able cap­i­tal. These im­prove­ments are mainly re­flected in the fol­low­ing as­pects:

Bei­jing's over­all eco­nomic strength has been sig­nif­i­cantly im­proved and its eco­nomic struc­ture has been con­tin­u­ously

op­ti­mised. Over the past four decades, the municipality has per­sisted in tak­ing de­vel­op­ment as its pri­or­ity, de­ter­minedly pro­moted re­form, spared no ef­fort in ex­pand­ing open­ing-up, moved into a stage of rapid de­vel­op­ment and en­hanced its over­all eco­nomic strength to record lev­els. In 2017, Bei­jing's gross domestic prod­uct (GDP) ex­ceeded 2.8 tril­lion yuan, hav­ing dou­bled ev­ery five years on av­er­age over the past 40 years, with an av­er­age ac­tual growth rate of 10 per­cent per year. Over the same pe­riod, the pro­por­tion of the cap­i­tal's eco­nomic ag­gre­gate in China rose from 2.9 per­cent to 3.4 per­cent. In 2017, Bei­jing's per capita GDP reached US$19,100, mark­ing an an­nual av­er­age growth rate of 7.4 per­cent, match­ing the level of wealthy na­tions/ re­gions around the world. Eco­nomic growth has also con­trib­uted to an in­crease in fis­cal rev­enue. In 2017, Bei­jing's fis­cal rev­enue reached 543 bil­lion yuan, equiv­a­lent to a greater-than hun­dred-fold in­crease over the past 40 years. Re­form and open­ing-up has given rise to con­tin­ued op­ti­mi­sa­tion of the eco­nomic struc­ture as well as more in­ten­sive and ef­fi­cient de­vel­op­ment pat­terns. Sci­en­tific and tech­no­log­i­cal in­no­va­tion has be­come the main driv­ing force in the cap­i­tal's eco­nomic de­vel­op­ment, with a con­tri­bu­tion rate of more than 60 per­cent.

Re­form of Bei­jing's eco­nomic sys­tem has been deep­ened and its mod­ern mar­ket sys­tem has been im­proved. Over the past 40 years, the cap­i­tal has con­sol­i­dated and de­vel­oped the pub­lic-owned econ­omy and con­tin­u­ously en­hanced the vi­tal­ity, con­trol­ling force and in­flu­ence of the Sta­te­owned econ­omy. In ad­di­tion, Bei­jing has en­cour­aged, sup­ported and guided the de­vel­op­ment of non-pub­lic sec­tors of the econ­omy, al­low­ing these sec­tors to con­tinue grow­ing. In 2017, the to­tal as­sets of State-owned en­ter­prises based in Bei­jing reached 6.4 tril­lion yuan. Dur­ing the first three quar­ters of 2018, above-des­ig­nat­ed­size non-pub­lic en­ti­ties in the municipality reached a to­tal op­er­at­ing in­come of 4.51354 tril­lion yuan (year-on-year in­crease of 7.3 per­cent) and prof­its of 455.28 bil­lion yuan (year-on-year in­crease of 8.5 per­cent). More than 1.7 mil­lion busi­ness own­ers and nearly 10 mil­lion work­ers en­gaged in Bei­jing's pri­vate and in­di­vid­ual econ­omy, ac­count­ing for more than 80 per­cent of the cap­i­tal's to­tal. The municipality's mod­ern mar­ket sys­tem has been grad­u­ally im­proved, and the de­ci­sive role of its mar­ket mech­a­nisms in com­mod­ity ex­change and re­source al­lo­ca­tion has been steadily es­tab­lished. A ma­ture com­mod­ity cir­cu­la­tion sys­tem has been formed in Bei­jing, the city's labour and tal­ent sys­tem has been im­proved, and its cap­i­tal mar­ket sys­tem has grad­u­ally ma­tured. As of Oc­to­ber 2018, Bei­jing was home to a to­tal of 315 listed com­pa­nies, ac­count­ing for 8.8 per­cent of China's to­tal; and 475 new over-the-counter (OTC) com­pa­nies, ac­count­ing for 13.5 per­cent. Bei­jing has taken the lead in es­tab­lish­ing a tech­nol­ogy mar­ket in China and de­vel­oped into the coun­try's largest col­lec­tion and dis­tri­bu­tion cen­tre for tech­no­log­i­cal com­modi­ties and in­for­ma­tion.

The municipality has ac­cel­er­ated the transformation of govern­ment func­tions and con­tin­ued op­ti­mis­ing its busi­ness en­vi­ron­ment. In re­cent years, it has deep­ened re­forms to “stream­line ad­min­is­tra­tion and del­e­gate power, com­bine the del­e­ga­tion of power with reg­u­la­tion, and im­prove ser­vices,” al­lowed mar­ket-ori­ented mech­a­nisms to take root, and pop­u­larised the con­cept of a ser­vice-ori­ented govern­ment with the pub­lic. The cap­i­tal has com­piled a uni­fied and stan­dard­ised list of pow­ers, and sim­pli­fied municipality-level ex­am­i­na­tion and ap­proval ser­vices by 51.2 per­cent. It has con­tin­ued abol­ish­ing and del­e­gat­ing ex­am­i­na­tion and ap­proval pow­ers, and sim­pli­fied over 1,000 ad­min­is­tra­tive ex­am­i­na­tion and ap­proval items in two batches, rep­re­sent­ing 68 per­cent of the to­tal. It has changed or elim­i­nated more than 200 kinds of cer­tifi­cates, and promised that no de­part­ment will be able to add more at ran­dom. The cap­i­tal has sim­pli­fied its in­vest­ment ap­proval process, de­creas­ing the num­ber of in­vest­ment project ap­proval links from over 80 to 40–50, and re­duced ap­proval time from more than 300 work­days to an av­er­age of 109 work­days. Ap­proval shall now be can­celled and con­verted into fil­ing when there is suf­fi­cient mar­ket com­pe­ti­tion. Now, en­ter­prises are able to make in­de­pen­dent de­ci­sions and ef­fec­tive reg­u­la­tion can be re­alised through eco­nomic and le­gal means.

Bei­jing has trans­formed its ur­ban de­vel­op­ment and ren­dered its cap­i­tal­func­tions more prom­i­nent. Since the be­gin­ning of re­form and open­ing-up, and es­pe­cially since Gen­eral Sec­re­tary Xi Jin­ping's two in­spec­tion vis­its of Bei­jing, the cap­i­tal has de­fined its strate­gic ori­en­ta­tion as China's hub for po­lit­i­cal, cul­tural, in­ter­na­tional com­mu­ni­ca­tion, and sci­en­tific and tech­no­log­i­cal in­no­va­tion. It has also sep­a­rated its cap­i­tal func­tions from its ur­ban func­tions, grasped the di­alec­ti­cal re­la­tion­ship be­tween “re­mov­ing” and “ob­tain­ing,” ex­pe­dited the transformation of ur­ban de­vel­op­ment con­cepts and modes, and taken a new path of sound de­vel­op­ment. With the re­moval of the city's non-cap­i­tal func­tions as its key task, Bei­jing has com­pleted a num­ber of con­sen­sus­based, ac­cu­rate and ef­fec­tive projects to re­move func­tions not re­lated to the city's role as the cap­i­tal. The cap­i­tal has pri­ori­tised in­vest­ment in in­fra­struc­ture, eco­log­i­cal en­vi­ron­ment, pub­lic ser­vices and other fields; con­tin­u­ously im­proved its ba­sic ur­ban func­tions; con­tin­u­ously up­graded eco­log­i­cal func­tions; and served and guar­an­teed ur­ban op­er­a­tions and the liveli­hood of its res­i­dents. Over the past 40 years, in­vest­ment in Bei­jing's ur­ban in­fra­struc­ture has risen over 500-fold, the ur­ban road net­work has ex­panded from the Third to Seventh Ring Roads, the to­tal length of pub­lic bus routes has in­creased by 13.7 times, the length of rail-based tran­sit op­er­a­tions has in­creased by 25 times, and the per capita green area of parks has tripled. By in­creas­ing the

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.