As its supply-side structural reform deepens, China’s economic growth has remained between 6.7 percent and 6.9 percent for 10 consecutive quarters. It has become a major goal for China to improve the quality and performance of its economic development. Xi Jinping, general secretary of the CPC Central Committee, noted in his report to the 19th CPC National Congress that China’s economy has been transitioning from a phase of rapid growth to a stage of high-quality development.
Wang Yiming, deputy director of the Development Research Center of the State Council, believes that high-quality development means a shift from quantity-focused to quality-focused, from factordriven to innovation-driven, and from changing backward social production to tackling unbalanced and inadequate development.
June 1, 2017: China’s manned submersible Jiaolong prepares to dive into the Mariana Trench to conduct scientific research. by Liu Shiping/xinhua