China's GDP Per Capita Breaks 10000 US Dollars, Total Close to 100 trillion Yuan

On January 17, the State Information Office held a press conference to release data on the main indicators of the national economy in 2019. Among the key indicators, it is worth mentioning that in 2019, GDP per capita exceeded $10000 for the first time, while the total GDP was close to the $100 trillion mark, how do you understand the iconic significance of these two data? Ning Jizhe, director of the National Bureau of Statistics, made the answer.

Ning Jizhe said that China's total GDP reached 99.1 trillion yuan in 2019, close to 100 trillion yuan. This not only means that my country's economic aggregate continues to expand, but also shows that the quality of my country's economic development is steadily improving, and people's lives continue to improve; it not only lays a solid foundation for China to achieve a well-off society in an all-round way this year, but also contributes to the development and progress of all mankind. Our due contribution. It has important symbolic significance, mainly from the following four aspects to understand.

First, this marks the further enhancement of China's comprehensive national strength. In 2019, China's GDP will be 99086.5 billion yuan, that is, the total economic output is close to 100 trillion yuan, which will reach 14.4 trillion US dollars at the annual average exchange rate. According to our comparative calculations, this is roughly the same as the 2018 GDP of the four major developed countries, Japan, Germany, the United Kingdom, and France, which ranked third, fourth, fifth, and sixth in the world in 2018. The sum adds up to about $14.7 trillion. China's economic development, political stability, cultural progress, social harmony, ecological improvement, and national defense consolidation are unstoppable.

Second, this marks the further improvement of the level of social productivity in our country. The basic position of agriculture in our country is consolidated. The total grain output of the country in 2019 is 0.66 billion tons, which is not only a large grain producing country, but also a high grain output in China's history. Our industrial system is becoming more and more perfect, with all the industrial classifications in the world. Our infrastructure is more complete. At the end of the year, the total operating mileage of high-speed railways reached 35000 kilometers, accounting for more than 2/3 of the global high-speed rail mileage; the mileage of expressways exceeded 140000 kilometers, ranking first in the world. The installed capacity of electric power is close to 2032 kW, the number of Internet users is 0.86 billion, and the modern information and communication system is good.

Third, this marks a further improvement in the quality of life of our people. The improvement in the quality of employment is reflected in the increase in the proportion of residents in urban employment. In 2019, there were 0.44 billion urban employees, accounting for 57.1 percent of all employees, an increase of 1 percentage point year-on-year.

The income level of residents is rising, and the quality of income is also improving. In 2019, the per capita disposable income of residents will exceed 30000 yuan; the quality of consumption will improve and the consumption structure of residents will be upgraded. In 2019, there are two proportions to illustrate this point. One is that the per capita consumption expenditure of residents The proportion of service industry consumption expenditure reached 45.9, an increase of 1.7 percentage points over the previous year. The second is the proportion of per capita food consumption expenditure in total consumption expenditure, that is, the Engel coefficient, which was 28.2 percent in 2019, down 0.2 percentage points from the previous year, with service consumption rising and food consumption declining overall, reflecting the upgrading of the consumption structure. The quality of life has improved. Residents have houses and cars, and travel is increasing. The per capita housing construction area of urban residents is close to 40 square meters. The number of private cars in the country has reached 0.2 billion. There are 5.8 billion domestic tourists and 0.14 billion outbound tourists. This reflects the middle The scale of income groups is further expanding.

Fourth, this marks a further increase in China's contribution to human development and progress. According to the World Bank, the population of countries with a per capita GDP of more than $10000 in 2018 was nearly 1.5 billion. As China, with a total population of 1.4 billion, enters the ranks of countries with a per capita of more than US $GDP10000, the population of countries in this ranks will be close to 3 billion. Of the approximately 7 billion people in the world, 3 billion have a per capita GDP of more than US $10000 due to China's accession. This is a major progress in the economic and social development of mankind, and it is also China's contribution to the world as a new developing economy. Therefore, to do China's affairs well is to contribute to the world.